rare earths at milo!!, page-32

Turbo, whether you like it or not your heart carries a responsibility …you have a flock of disciples who follow you and the only time many of them will get to look at that particular stock is when you post. 

If feel the need to comment I think you should give a balanced view of the company with a more in-depth analysis of the current situation especially as a non-holder.

Your "heart" can't make you an expert on every stock (probably the opposite I guess), so why not be a little less dominant in our patch and perhaps sprout your "better opportunities" on the Day-Traders thread.

Back to GBZ -Milo IOCG Prospect: It wasn't until I started some research and studied Alcane Resources recent presentation that the penny dropped (ALK are developing a Poly-metalic resource incl .9% TREO -73MT). 

This is all about sulfuric acid heap leaching and processing of the individual metals and rare earths in a process similar to the one Alcane have been developing for several years. 

The REASON this rare earth discovery at GBZ is significant is because of the potential to mine the ore (once) and process it to recover all the individual metals and ores including the copper and gold. 

• Alcane have zirconium, hafnium, niobium, tantalum, yttrium and have built a pilot plant to prove the concept as shown in this presentation.

•  YTTRIUM is a heavy rare earth (and there is none at MT Weld).

• So while Alcane take out the rare earths along with the Zirconium, we take out the rare earths along with the copper, gold, cobalt, silver, and molybdenum.

• While we are on the subject of heap leaching, this Xtrata report of there Lomas Bayas mine in Northern Chile shows they are extracting copper from ore averaging around .3% total copper.  Apparently they are making money from it, so it makes our results to appear to be quite luxurious.

Therefore ...the question should not be: are these REEs commercially viable?, the question should be: is this suite of minerals able to be extracted in a commercially profitable process?  The answer is clear yes to me.  

Finally, GBZ should not be compared directly to LYC?  LYC have a market cap of $3,238.60 Million dollars (even after recent shrinkage) some 160 times larger than our MC.  Even Alcane's is 600M.  Clearly we have a lot of potential.

Cheers,

John S. All IMHO