lyc share price speculation..., page-3

http://www.eetimes.com/electronics-news/4208970/U-S--must-fast-track-policy-on-rare-earth-materials

"The House of Representatives has approved H.R. 6160, the Rare Earths and Critical Materials Revitalization Act of 2010, authorizing development of a domestic rare earth materials program to address short-term scarcities and ensure long-term supply for the nation?s security, economic and industrial requirements. The nod comes none too soon."

"According to a Bloomberg report, China in July reduced rare earth export quotas for the rest of the year by 72 percent, inflating prices more than sixfold for some rare earth materials vital to the energy, military, electronics and manufacturing sectors. "


"Rebuilding the U.S. supply chain for rare earth materials to a level that will ensure sustainability could take 15 years."

Looks good for lyc. Surely they will have too many buyers and will need to get phase 2 up and running asap