The truth will prevail..., page-7

Yes AL is doing everything she can andI firmly believe that she is doing is very good job. However the WW economy is in disarray. It has caused AL to cut production of Nd & Pr products from 7.2t KT a year to 6 KT a year. Low Nd prices have caused her to do this. This is a double whammy low prices and a 17% cut in production volume not included what they put in inventory. The WW economy will cause all aggressive growth stocks to fall in price and Lynas is firmly in that category, with a TMM PE of 78 and not paying dividends and less than 1 Q of revenue cash on hand Lynas is a firmly an aggressive growth stock. So though I agree with all you said per usual you are only seeing the positive picture. How is the Lynas stock I told you to sell at $1.40 Pre split because Lynas was going down and you said it would be worth $5.00 in 6 months to a year doing? It is 25 cents today! I should have been more firm but since I was in your house and your wife was there I did not think that was appropriate. My mistake but your loss.

I firmly believe someday this stockwill be worth more than AUD 10.00 But the next year will see values that are half of its high of AUD 3.00+ just weeks ago. Investing is about making Money. First step is not to take big losses be they paper or real.

You know at one time Lynas was one of my biggest holdings. Luckally I say what NC was doing to the company and got out before the fall.