lynas down on us otc, page-8

What we need is for Curtis to s call off the deal. THEN the SP will rocket on the crown story along with Mt Weld. Short term pain is for better long term gains.

From wikidedia;

Currently, in April 2010, Lynas is attempting to sell it's Crown polymetallic deposit to Forge Resources. Forge a company listed on the ASX that also shared the one and only common Director of Lynas Mr. Nicholas Curtis. In a 2007 Company presentation, Lynas claimed that the Crown deposit was worth $50 billion (according to page 17 of their 2007 Annual report) but have valued it at $20.7 million for sale to Forge. Mr. Curtis as a director of Forge will receive a windfall of 24,000,000 performance shares if the deal between Lynas and Forge proceeds. Certain commentators and journalists have called into question the regulatory oversight of the Australian Securities & Investment Commission (ASIC) as to the legality of such a proposal.[3]

Lynas shareholders are set to meet at an Extraordinary General Meeting to decide whether such a transaction should proceed