Member Info for sniffer78

I also hear Neodymium, Dysprosium and Europium) and Praseodymium are in big demand. Wouldn't it be great if we had these in the REE stockpile Dumps ;-)) lolol what's the chances of that lol ;-)

Regarding the REE would be great if PALA invested in a REE Expo/Miner, could just ship it for processing but what are the chances of that haha ;-) just musing lolololol ;-))))

Yep I know but it's sitting their stock piling up lol maybe after new project is finished in couple of years that will be the next project apart Agri business

Now producing around 120,000 tonnes of Rutile and 60,000 Tonnes of REO HTT at price of $2,258 per tonne (2011) oh my days SRX must have around 240,000 tonnes of REE stock piled since 2011 £££££££££££

http://www.proactiveinvestors.co.uk/companies/stocktube/3700/gemfields-ceo-encouraged-by-demand-for-lower-quality-rubies-3700.html

http://www.proactiveinvestors.co.uk/columns/broker-spotlight/18261/broker-spotlight-tesco-merlin-entertainments-lloyds-banking-wolf-minerals-opg-power-88-energy--18261.html

Using the samples tested by SGS and applying current REO prices, the potential value of the total contained REOs in the sampled HTT stream is US$104.2/kg of REO. This value excludes yttrium, lutetium and scandium, for which testing remains ongoing. The US$104.2/kg of REO compares favourably to the Comparator Group, for which the contained value of REOs is US$111.5/kg of REO (refer to figure 2). The REO grade of the HTT samples, as tested independently, is 2.2%, implying a REO value of approximately US$2,258 per tonne of HTT

John Sisay, Chief Executive Officer of Sierra Rutile, commented, "The independent confirmation of rare earth mineralization in the tailings stream is a positive step and we now have clarity on the type and extent of these minerals. Sierra Rutile is assessing the feasibility of future rare earth production given the relatively attractive cost position of processing rare earths which are already extracted and significantly refined as part of our normal rutile separation process. The market dynamics and long-term fundamentals of the REO industry are attractive and we have therefore taken the decision to proceed with further studies." Sierra Rutile's existing operations generate approximately one tonne of HTTs for every two tonnes of rutile produced. The Company's 2010 rutile production of 68,000 tonnes produced approximately 34,000 tonnes of HTT last year

I remember the Rare earths mind blowing ££££££££

You may well be on the money with that, also why declare now. Vlad could of carried on mopping up ??

Pushing that bid up they really want them or Vlad does haha

Any sells and Vlad will be mopping them up

We may see SRX push on around the 30 mark over the coming weeks as we may see another offer from PALA, interesting times ahead

It's been happening for few weeks on LSE

13 million shares taken by PALA stock even more tightly held

Vlad must be smiling now

http://www.investegate.co.uk/sierra-rutile-ltd--srx-/rns/notificiation-of-major-interest-in-shares/201504231800121947L/

Just Musing 29/30p again our broker says 70% upside I wonder why lol Sierra Rutile (LON:SRX)‘s stock had its “buy” rating reaffirmed by investment analysts at Investec in a note issued to investors on Tuesday. They currently have a GBX 29 ($0.43) price objective on the stock. Investec’s price target would suggest a potential upside of 70.59% from the stock’s previous close. Sierra Rutile (LON:SRX) opened at 17.2500 on Tuesday. Sierra Rutile has a 1-year low of GBX 17.0000 and a 1-year high of GBX 62.0000. The stock has a 50-day moving average of GBX 19.90 and a 200-day moving average of GBX 24.74. The company’s market cap is £90.08 million. Several other analysts have also recently commented on the stock. Analysts at VSA Capital reiterated a “buy” rating and set a GBX 68 ($1.02) price target on shares of Sierra Rutile in a research note on Tuesday. Separately, analysts at RBC Capital lowered their price target on shares of Sierra Rutile from GBX 55 ($0.82) to GBX 50 ($0.75) and set an “outperform” rating on the stock in a research note on Thursday, March 26th. Sierra Rutile Limited (LON:SRX) is a Sierra Leone-based mineral sands company, operating assets in Sierra Leone. The Company’s principal activity is exploring for, producing and marketing industrial minerals, primarily rutile, in Sierra Leone.

More director buys next couple of days, I wonder if Vlad has told the BOD to fill up

Could be a very interesting tomorrow ATB