Yes look at the small miners with no production many are up more than Lynas easy to double when you start below 10 cents. Look back 9 years the high risk companies all went up more than the three semi established companies. Two of these 3 are gone. Ucore ( which I have never suported and would never buy) is up 257%. But when all the talk is over they will go back to USD 0.07. If you time it perficly there is money to be made from these small non producing stock, My timing has never been good enough to plat these.
Take Ucore the total REO in the ore is lower than Lynases tailings. It's ore is locked in some of the hardest rock in the world and can only be removed with tunnel mines, very expensive, It has a very high ratio of Heavies but these have fallen in value. As a percentage of ore they are still lower than the duncan deposit. About the only thing they had going for them is great markiting and Jack Lifton who will say anything the highest bidder asks. JMO.
The data is old 2015 but still fairly accurate on what mines contain. Take a look at any small non producer and see what their mine contains.
http://www.techmetalsresearch.com/metrics-indices/tmr-advanced-rare-earth-projects-index/
Lynas because they have done lots of recent drilling and verification is the most out of date in this report.. Many of the small developers have done no drilling so they are acurate.
- Forums
- ASX - By Stock
- LYC
- Wesfarmers good riddance
Wesfarmers good riddance, page-33
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LYC (ASX) to my watchlist
(20min delay)
|
|||||
Last
$6.92 |
Change
-0.020(0.29%) |
Mkt cap ! $6.468B |
Open | High | Low | Value | Volume |
$6.95 | $6.97 | $6.87 | $16.72M | 2.418M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 5820 | $6.92 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.93 | 15020 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 6.840 |
1 | 430 | 6.820 |
4 | 2400 | 6.800 |
1 | 30 | 6.760 |
2 | 3400 | 6.750 |
Price($) | Vol. | No. |
---|---|---|
6.950 | 1000 | 1 |
6.970 | 599 | 1 |
6.980 | 15330 | 3 |
7.000 | 10409 | 3 |
7.010 | 2200 | 1 |
Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
Featured News
LYC (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online