Ha ha, I respect your opinion, no need to get all defensive. Don't forget this is a LYC forum, my opinions re possible bubble, have no bearing whatsoever on LYC, in fact the opposite for LYC. ARU is currently trying to raise just shy of $1 billion dollars. Do you honestly believe that the majority of small caps will be able to raise $1 billion to get their REE projects into production???
Total REE sales collectively last year were just under $1 billion dollars. Before China's declaration re capping exports, China dominated REE's, even to the extent of shutting down one of the U.S.'s and the world's largest REE mines. Due to their control of REE market and prices.
Now all of a sudden, there is an REE frenzy, and all the small cap holders believe they are backing a winner? For the next few years, maybe, but when the bubble does bursts (and again, only my opinion) the small cap market caps will retreat, and the big caps will hold their value.
I find it amusing that small cap holders on here get so threatened because of my personal opinion, but the reality is, anything I say is just pure speculation, and at the end of the day, if I am right, small cappers in the end will lose money if they don't get out in time, and if I'm wrong, they will make a lot of money. Please everybody, don't think that I am against you making money, the opposite, I hope everybody in the sharemarket makes money (including me) ha ha.
So I'll leave it at that re bubble-talk, it is just a topic for discussion, and was meant to put LYC in a more positive light than anything else, and hey, I am a shareholder, so I would want to have reasons for being a shareholder in LYC right???
Ha ha, I've got plenty of reasons, LYC is a stayer. Also, if it makes any difference to anyone, I'm not a day or short-term trader, I'm in stocks for the long haul, I'll still be a shareholder 20 years from now, and my point re bubble-talk is whether I'm right or wrong, LYC will not be adversely affected either way, but again, that's just my personal opinion.
Good luck to all REE shareholders : )
LYC Price at posting:
$1.35 Sentiment: ST Buy Disclosure: Held
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