news flash , page-17

No need for any anxst - Pirra is right about the dates and the way I read it Sterfano was just playing and didn't expect anyone to take him seriously. I still can't believe people will be holding till Monday. If you wanted to sell, the time has passed. You needed to get in early on the first XB day. The market has extracted the percieved value of NUP from ARU and we are now trading as normal. But why sell??? Sooner or later there will be an announcement saying they've stitched up the finances and this will trigger an influx of investors that will push the price much higher. I don't know when that will be (could be in 2 weeks, could be in 6 months) but if you sell now, you will most likely miss it (how will you know when to get back in?). There may be other announcements (gold, vanadium, iron etc) but stay focussed on the main game, our world class resource, Nolan's Bore has only one hurdle left and that is finance. Once that is overcome (and it will be) the larger institutions will start taking an interest.

Someone help me out (I'm bad at remembering numbers) is the inground value of Nolan's 8 billion? It's some number with a billion after it anyway (sheesh, one of the biproducts (Uranium) is going to be worth a billion). Now, what's our market cap? Since we're doing rough calculations - let's say 80mill. So that's (very roughly) 8 thousand mill divided by 80 mill .... hmmmm $100 per share. Now, don't get excited girls and boys - don't start spending your money yet - (though if you suddenly found you need to go out and buy some more underpants, that is ok) it's going to take 30 years to dig it all up (and we havent' found the edges yet) and there is capex to consider (but there is also all the other resources that will add value). The amazing potential of our other resources is a fascinating read - check Kalmsg's posts from the past (best posts I've ever read). How can anyone be thinking of selling this for a tiny 72c? Just buy as much as you can afford, tuck it away and wait - no anxst, no stress, just an easy way to make many multiples on your money.
Alistaire Stephens said something interesting the last time I saw him - he said that the large instos would rather pay $4 for PDN than 20c (and now its over $10). Strange concept, but he is right. They don't want to take risks - they would rather wait till the risk has been removed and pay 20 times the price. If you do the same, you will also pay multiples on the current price. Get in now. In my view the risks are now gone. A year ago it was reasonable to think the metallurgy and finance were both significant risks, but now that the metallurgy is removed as a problem, the finance will follow. We will have no problem finding a major corporation that want's a sure supply or rare earths outside of China. Now is not the time to sell, and if you don't hold, get in now before the more conservative large investors start buying.