Excellent post, I cut and pasted these lines for emphasis.
"The MIT experiments suggest that rare science has just begun to uncover the technological potential and variety of applications that are possible with rare earth materials.
and
Evidently, even while they do not lead to immediate valuation increases, such discoveries suggest that demand for rare earths can only increase in the near and long term."
I still firmly believe we are at a point where the development of RE's are a similar story to early microprocessor development. At that time the microprocessor was introduced as the engine in a calculator. The "visionary" engineers of the day commented... yeah, the calculator is pretty cool but they speculated that Intel would never sell enough calculators to recoup the development costs of the microprocessor…
RE's are just the same stuff only there are 17 RE's and each RE has a plethora applications of its's own…
LYC Price at posting:
63.5¢ Sentiment: LT Buy Disclosure: Held
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