LYC 1.95% $6.29 lynas rare earths limited

Mitta - thanks for you inputLets just talk about the companies...

  1. 12,830 Posts.
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    Mitta - thanks for you input

    Lets just talk about the companies mentioned in your last thread with all due respect


    Avalon Rare Metals Inc - no plant, not producing, not in the race


    Rare Element Resources Ltd - no plant, not producing, currently exloring, not in the race


    Quest Rare Minerals Ltd - no plant, not producing, exploring and identifying rare earth resources, not in the race


    Market Vectors Rare Earth/Strategic Metals ETF - just an ETF, no plant, not producing, not exploring, not in the race


    Molycorp Inc - being investigated by US Secuties and Exchange Commission, plant, producer, needing to raise money in order to remain solvent, problematic if it will raise the money easily


    Lynas - huge rare earth mineral deposits, state of the art plant, on the verge of producing, customers, definitely in the game


    So from all of the above it can be seen that there really are only 2 players, with one of them in serious financial bother

    Lynas day is coming
 
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