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Rare Earth Minerals Share Chat (REM)



Share Price: 0.945Bid: 0.93Ask: 0.96Change: 0.02 (+2.16%)Riser - Rare Earth Min
Spread: 0.03Spread as %: 3.23%Open: 0.925High: 0.975Low: 0.925Yesterday’s Close: 0.925


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MrPike
Posts: 1,755
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Opinion:No Opinion
Price:0.99
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RE: .
14 Jun '15
I reckon Barksy is doing his tweeting for him...

Anyway - ignore the conservative lithium demand projections. As a comparison, some famous computer quotes...

"Computers in the future may weigh no more than 1.5 tons."
- Popular Mechanics, 1949

"I think there is a world market for maybe five computers."
- Thomas Watson, chairman of IBM, 1943

"I have travelled the length and breadth of this country and talked with the best people, and I can assure you that data processings is a fad that won't last out the year."
- The editor in charge of business books for Prentice-Hall, 1957

"But what...is it good for?"
- Engineer at the Advanced Computing Systems Division of IBM, 1968, commenting on the microchip

"There is no reason anyone would want a computer in their home."
- Ken Olson, president, chairman and founder of DEC

"So we went to Atari and said, 'Hey, we've got this amazing thing, even built with some of your parts, and what do you think about funding us? Or we'll give it to you. We just want to do it. Pay our salary, we'll come work for you.' And they said, 'No.' So then we went to Hewlett-Packard, and they said, 'Hey, we don't need you. You haven't got through college yet.'"
- Steve Jobs, cofounder of Apple Computer
 
kenny100
Posts: 10,117
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Price:0.99
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.
14 Jun '15
tomcat-14
Posts: 700
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Opinion:Strong Buy
Price:0.99
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RE: Val
14 Jun '15
valy... i'm not sure he said the asians... wasn't it the chinese... decker mentioned jv with asia... japan is in asia... ;)
Valency
Posts: 771
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RE: Val
14 Jun '15
addicknt, you are on the mark! I have to admit to disagreeing with DL on his "We don't need the Asians" tweet although I understand the context under which it was made in answer to the question, Why don't we sell it to Chinese?

He is correct in the above specific context but that answer in the way folks interpret it, is totally out of whack! We DO NEED the Chinese and we NEED their Monopolistic power play and geopolitics in South America! They are all driving forces that make Sonora ever more valuable & crucial due to it's vast scale and geographic location!!!!

DL is not a fool and neither is Secker based on the little I have heard from him anyway! When Secker eluded to marketing Asian customers, it is a marketing ploy. The phrase "The enemy of my enemy, is my friend" comes to mind. Our greatest enemy at the moment is the Western World's lethargy and self pity as a result of the global financial crisis! Prior to 2008 a resource discovery of Sonora's scale would have invoked interest from many corners in the mining industry as well as financial sectors all falling over each other to take a slice of the pie!!

If it takes a prospective Asian customer's interest to startle ad wake the West up, to a renewed threat of losing such a huge and crucial resource on it's doorstep, then so be it. Secker is playing a game and he needs to! The Chinese are our friends because without them, the West does not need this resource. They are a marketing tool and driver in our toolbox.

The exact same goes for Tesla, because there are plenty of end users out there that would be more than happy to use what ever Sonora can produce. That list is not restrictive at all. Toyota for example have agreed to Bolivian infrastructure development funding as a result of desperation! FMC cannot produce enough for it's own chemicals product range. The point is as I've said before, we need Tesla as the driving & marketing force behind the product but they don't 'maketh' Sonora. We continue enjoy their free advertising & hype and if they happen to become a customer or partner then it's another big bonus but not a necessity!!
eastham1
Posts: 791
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Price:0.99
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RE: Val
14 Jun '15
Denver you said that nearly 3 weeks ago fella SOME 10 seconds !!!! But u never know???
denver21
Posts: 1,864
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Price:0.99
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RE: Val
14 Jun '15
add, the way things are moving at a pace now ,I would not be surprised if it all kicks of over the next 12 weeks.
The World just changed 10 secs ago, talk about pace?
Cheers
D21
addicknt
Posts: 1,946
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RE: Val
14 Jun '15
The Chinese are instinctively monopolistic. They will want control of as much of the Worlds lithium supplies as they can get their hands on. BCN will become THE obvious target for them. All we need then is a bidding war with a few of the global mining companies and it's game on. I give BCN 12 months max before we find ourselves in this situation. DL knows this and hence the continued buying.
As an aside, I think we'd all love to know why the bloke was kicked off the board. Has any one of you twitter people asked him? And, as shareholders, don't we have a right to know?
Valency
Posts: 771
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Price:0.99
Mac69
14 Jun '15
Take a look at this for Thorium reference. It's a bit long but interesting!
https://www.youtube.com/watch?v=yGhEdcwXxdE

and this one; https://www.youtube.com/watch?v=AptxNrQpGA4
TheDreamer
Posts: 344
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Price:0.99
View Thread (5)
RE: Interesting figure
14 Jun '15
This retail money in nominee accounts. Its not the same as having an II. The institutions hold the money in a basic bare trust for people like you and I.

Part of that HL number is my holding - I can sell this or add to it whenever I choose, this is retail money.
mac69
Posts: 2,397
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RE: Val
14 Jun '15
Val , yes good mate ! to my believe the reactor will go on line 2020 . seen a shelving of a 11 b project ??

Anyway Thorium and its love affair with local usa council regs an it's involvement in the REE , the waste concentration . in thorium ,, same gaff as the coltan saga ? 0.002% ..

big spread in a usa paper , REE in the usa . Greenland will get the rest along with aus ..

x mac





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