skeptical analysis of goldman report, page-7

Happy Mother's Day to all,

Thank you for your kind words and the links.

Maplelegion, I'm sorry, but I have not followed Dines so I can't really comment intelligently on his thesis.

Kmsmith, thank you for the mention of NTU, I look forward to studying it. And, of course, I don't mind your post on their board.

I became aware of LYC (which I also own) a couple of years ago. I first heard it mentioned on the investing site Seeking Alpha by Jim Kingsdale, an energy analyst who is since deceased. I believe I first heard about ALK through a comment in a Seeking Alpha post about Lynas. Jack Lifton piqued my interest by pushing the relative value proposition of the heavies (although I believe his favorite is Great Western).

Alkane's story, as told by their investor presentations, was irresistible. My prior experience with zirconium was hoping my dear wife would think it was crystalline carbon and what's not to love about niobium.

I really love the REE story as an investment. I'm actively trying not to fall in love with ALK or LYC as equities as I'm not smart enough to know how long it will be until the story is overshadowed by actual revenue or macroeconomic factors. Right now ALK and LYC are supported by the market's voting machine, not its weighing machine. (Apologies to Benjamin Graham).

It's amusing to hear the hype about REE finds in Afghanistan, Greenland, Africa and the Canadian Northwest Territories. It's a northern hemispherocentric view when, realistically, New South Wales is much closer.

I was an organic chemist in a past life, but have no direct experience with rare earth chemistry and I don't know anything about mining as a business. The pitfalls in the chemistry and mining logistics that Lifton and others talk about make great sense from my experience as a laboratory chemist and individual investor.

Cheers,

L