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jimHorse

12/11/12 11:05 AM

#127079 RE: d0lphint0m #127068

Hi Tom. Have you been buying at 0.02? If not, at what level (if any) will you be buying? If you'd prefer to reply by email, that would be fine.
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es1

12/11/12 12:35 PM

#127098 RE: d0lphint0m #127068

I agree Tom. The people who are closer to this seem to know more but honestly they cant. And if they do that just makes Scott even worst for passing information to people based n their share count. That is a criminal act amd I dont think anyone would say Scott has gone that far. For that ,matter I dont believe what anyone says they own.
People tend to say things like they are fact based on the fact that they hold millions of shares. Problem is we only have their word for any of it.


I am curious of the reason that the Chinese took the rocks if it wsnt for testing.

I doubt they took them home for souvenirs or furniture.

What could mining company want a metal ore for?

Maybe that was all the NB they needed? LOL

They took the samples because like me they will not take Scotts word for it. They will bring those rocks to a lab and have them tested and analyzed to give them a cost estimate for metal retrieval and yield. If those numbers do not average a least close to what Scotts reports say, they will never be heard from again.

That is just logical business
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downsideup

12/11/12 1:34 PM

#127113 RE: d0lphint0m #127068

Metallurgy studies are conducted as a part of doing the feasibility studies, with the study focus being about OPTIMIZING DESIGN OF EXTRACTION PROCESSES.

To borrow development money from a bank... you do have to show them the minerals are there... but, you also need to show them that they can be extracted profitably... using known processes.

You don't bother studying how best to extract the minerals... from rocks that don't already have known values in minerals to extract, that are worth the effort in trying to extract them.

SRSR's rocks do have known values in minerals... and we already know well enough what the numbers in niobium look like.

They didn't ship rocks back to China just to check that... which would be ridiculous...

That doesn't mean there can't be "issues" that might result, after the fact, from having done the work... but, it's not all that common or likely for projects to be proven "feasible" in every other way, except for some pop up "issue" in the separations that are a show stopper.

What we already know of SRSR's minerals... doesn't suggest there is going to be much that is unique in that regard, that would pose a particular risk... although it appears there may be some features in SRSR's rocks that might provide unique advantages in niobium product quality... and there is clearly upside potential in minerals other than niobium.

Considering minerals other than niobium ? We don't know much about what else might be there, so there is more or less a blank slate in that area, which might generate some nice surprises, when we're also able to consider those values in things other than niobium....