General Chat / Discussion, page-9428

Hi Craig
Mate all shareholders are taking a certain amount of strain at the moment with the SP being in the doldrums but then so are ALL rare earth stocks on the ASX so it is an industry wide and world wide situation or issue.

It would seem likely that there will need to be an EX- China selling price or market established in the future so that one country cannot influence the SP of rare earths by changing the volume of rare earths that are released into the world wide market.

Given the above perhaps in the wait for more news you would do well to concentrate on all of the positive news and development of RE separation that has been achieved in Belfast and also consider the potential of the deposit in Uganda which is progressing well. I would be the first to admit the RE market is quite different to all of the other metals markets.

Given the nature of your above post I suggest that you would do well to stay clear of mining and exploration companies as the risks and volatility is clearly driving you to do irrational things such as your post crapping on your own investment. Why would you do that??? It is generally considered to be like crapping in your own bed.

Investing in stocks on the ASX is not for the feint hearted. Suggest you consider stocks in the ASX Top 50 if you need more certainty and less volatility.

In the meantime I wait and wait ......even after about 4 years in IXR I like what I see developing in the western markets growing demand for RE's which shows clear signs of growing exponentially in the near future.

Cheers W2