LYC 0.00% $7.94 lynas rare earths limited

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  1. 3,504 Posts.
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    2013 looks like the year alot REE explorers and wannabes are going to go bankrupt or massively diluted.When the shit hits the fan the market will not be able to tell the difference between the cream and the bad quality companies and will be sold down accordingly in the panic.

    I know 1000% that the ree extraction process works because we played a small part in the designing of the process and this process is also worked on by the top ree chinese scientist and rhodia. I know Lynas has 175 million dollars in the bank and can out last this storm that is about to happen and so here comes my deilema

    I have saved up 40 grand this year and thinking of putting my marriage plans on hold to buy Lynas shares at 30c if it get there. What do you guys think? Please advise.
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