daytrades dec 1 afternoon, page-113

Endless, saw you holding NTU & know you are a fan, I saw a segment on Squark Box last night (CNBC), yes my favourite show, love Becky!! Anyway I know everyone thinks the REE bubble has burst etc but after what I saw last night the party hasn't even started imo. The demand for some REE used in electric vehicles (Hybrid) is predicted to grow 800% in the next 5 years! China is exporting 97% of the worlds REE atm and they cut back 40% on last years exports because of domestic demand for the stuff (energy efficient light globes, wind powered turbines etc). 7 components make up the magnets needed). Anyway the cut back on exports from China has created a massive short fall that is only just being recognised. They spoke about LYC producing in Malaysia next year etc, I reckon ARU, PEK & NTU will fly in the next few years. Anyway just thought I'd share.. Keep an eye on Molycorp (MCP) US listed REE imo a beacon. http://www.molycorp.com/