Posters may recall that the shareprice downward trend commenced...

Posters may recall that the shareprice downward trend commenced last August after the release of the long awaited MRE. Market expectations were not met and the slide continued till now. Check out last years MRE posts.

We move forward 9 months and we have a major upward MRE revision. LIN has a monster of a resource that will generate substantial profits. The question is ….will the market see the revised MRE as a positive factor or will it require more facts and projections?

I have a “gut feeling” that plant development contracts have been delayed and not issued as yet because something may be brewing in the background. USA funding agreements for other REE companies were subject to equipment/parts etc being made in USA. Could LIN be negotiating (America is Calling) funding? If so I expect a higher quality and more expensive plant to be built. May take longer to build than originally anticipated.

I have no facts to support my feeling.