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  • Crown Breakdown for Gareth Hatch 6 comments
    Aug 25, 2011 6:41 PM
     
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  • lionthephoenix
    , contributor
    Comments (29) | Send Message
     
    ok so who will begin production first.. i believe that is a very key component in this REE craze...

     

    i like GWG/GWGMF -- believe it should win the race for HREEs

     

    Lynas .. now to the best of my understanding is mostly LREEs :/

     

    i would like a timeline and your well researched opinion on this sir
    30 Aug 2011, 05:39 AM Reply Like
  • chihawk
    , contributor
    Comments (2099) | Send Message
     
    Author’s reply » Lion,
    Thank you for the compliment. Both these companies have great potential. Lynas is producing concentrate for the processor they are building. They say they will produce from the processor at the end of this year/ start of 2012. Lynas Mt.Weld's Central Lanthanide Zone has a LREE bias but produces a mixture of LREE and HREE's. Lynas has heavier rare earths in Mt. Weld's Duncan Deposit zone. Lynas also has an interest in Northern Minerals which is a long term HREE xenotime deposit that shows good promise. Many criticize Lynas for being too light. I disagree when I look at Lynas overall.

     

    GW is manufacturing REE metals and products already. They say Steenkampskraal will be ready in early 2013. This will provide GW with feedstock for their manufacturing. Both companies own additional properties as well. Gw's other lands are with a HREE bias and Lynas' Malawi mine is lighter but developing quickly.

     

    As a GW investor I encourage you to join us on TB's "Instablog" at:
    seekingalpha.com/insta...
    Several of the guys there are GW fans. I prefer Lynas and get teased for it. Tell them I sent you and that you are a GW fan. They'll be surprised I sent them a "Kool-aide drinker". All in good fun.

     

    My personal view is very much in favor of Lynas over GW to be honest. The market seems to undervalue Lynas' organic growth and accomplishments and over values GW's future plans IMO. I have invested in juniors for about ten years now and a few things I've learned are:
    - Shorter timelines and full funding always matters.
    - Execution of a long term plan is always better than acquiring pieces to a business in mining.
    -A signature project is an investment; several projects is a trade at best.
    -"On time and on budget" is best used as a backward indicator of good will not as a forward indicator to predict success.
    -The "life cycle of a mine" matters to market sentiment and you can't own a project at the front or middle of the cycle in weak economic times unless it is a gold mine.
    seekingalpha.com/insta...

     

    Best wishes to you Lion. I hope to share thoughts in the future.
    30 Aug 2011, 10:51 AM Reply Like
  • lionthephoenix
    , contributor
    Comments (29) | Send Message
     
    heh well i have my bets on GWG ..
    hey you wanna bet a silver eagle that GWG will be the first jr REE minor outside of albeit China to become a profitable producer of HREEs
    beyond separated purified HREOs

     

    i will buy LYC at lower numbers its already got hands waiting for the cookies so to speak..
    if not possible if not then possibly a safer play for prospect generator Tarsis res but time will reveal all things
    30 Aug 2011, 03:16 PM Reply Like
  • chihawk
    , contributor
    Comments (2099) | Send Message
     
    Author’s reply » hey you wanna bet a silver eagle that GWG will be the first jr REE minor outside of albeit China to become a profitable producer of HREEs

     

    Uhh No. I think you are probably right about that.
    30 Aug 2011, 03:19 PM Reply Like
  • lionthephoenix
    , contributor
    Comments (29) | Send Message
     
    hehe :)
    1 Sep 2011, 05:04 PM Reply Like
  • toly
    , contributor
    Comments (191) | Send Message
     
    Thank's for the article Chi, I just caught up with it…

     

    I like the dormant assets Lynas maintains including the Malawi deposits which has a completed pilot separation in place already… Also the Forge deposits are another great asset that could either be sold or developed as an operation as itself… It nice that neither is necessary at this time...

     

    You know my feelings on the GWM development and IMO the situation is deteriorating as they run out of money in the bank on the balance sheet… The JV partner is rather weak with only $10m profit on a yearly basis… A $10m investment will represent ALL of
    Ganzhou's profit and a number that is basically insignificant in GWM's needed cash… I look for an offering of some kind before too long...

     

    thanks again...
    10 Sep 2011, 02:38 PM Reply Like
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