LYC 0.78% $7.76 lynas rare earths limited

massive close smack down, page-11

  1. 1,226 Posts.
    qiktrade: wrote
    yes but plenty of people wanted to get back in too (like me).

    Hope I am right but my logic is that:
    - the world's population now has a news attention span of a teenager trying out a new iPhone App (ie Japan is old news so what's next?)
    - now matter how big the tragedy the bulk of the population are concerned for a day or two - then move back to their normal business
    - anticipation of the concentration plant opening will be building up
    - price rises should flow through to the REO FOB prices following price rises inside China for both the Metal and the oxides
    - the USA always perks up when there is a potential war on (wars are good for the US economy)
    - rebuilding always uses more resources than status quo

    Anyway next week will be interesting

    ps I feel sorry for all the affected people in Japan and for the guys going back in the reactor knowing they are most likely going to die early

    ------------------------
    Those poor guys that put their hands up to go in may survive as little as 3-4 days, 2-3 days the ones that did Chernoble (not know how to spell it)
    cheers.
 
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