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u4eah

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  • Molycorp Mired In The Mud: Perhaps A Domestic "American"Total Rare Earth Supply Chain Should Be A Collaborative Project. [View instapost]
    VERY interesting; Jack !
    - My interpretations then; ... if I understand correctly!
    - (1) The most foreward; outside-of-the-box thinking goes something like this; ... CONFUCIUS say; ..."look to pharmaceutical research -industry finding; ...to discover deep-inner secret; ...to un-locking REE"
    (did you dine-out Chinese last nite Jack?) lol
    - (2) Synthesizing the PLS; ...was an implementation set up to; co-work simultaneously; to advance the projects timelines.
    - (3) And yes; ... "Scaling-Up"; is not without its disappointments, or inherent risks! ... (but the rewards can also be significant!)

    u4eah
    Nov 13, 2012. 01:48 PM | 1 Like Like |Link to Comment
  • Molycorp Mired In The Mud: Perhaps A Domestic "American"Total Rare Earth Supply Chain Should Be A Collaborative Project. [View instapost]
    Hello Jack; ... Re IntelliMet & Ucore seperation breakthrough; I'd still be interested to hear your comments;
    - Per previous post; ...-"" It is my understanding; that the cracking of hard-rock Ree deposits is amongst the most complex & challenging; ...particularly given that no two given deposits, share identical mineralogy.
    - The above sentence caught my attention; "" The work was performed by IntelliMet LLC of Montana, with composite solutions designed specifically to replicate the contents of the ore from Ucore's Bokan Mountain.""...( Care to translate this for us neophytes
    Jack? ... and furthermore; why not use the "real McCoy" processed Bokan rock, as the experimental feedstock? ...)
    - I appreciate your non-disclosure agreements; therefore based on your vast experience; could you comment generally, on how well laboratory scale breakthroughs, tend to scale up to the real world, full-size, production-plant volumes.
    - I must admit here; my slight skepticism; based on prior so-called revolutionary lab-scale technical breakthrus in the petro-chemical industry; ...that failed to work as planned when scaled to full-size production!""
    Nov 13, 2012. 07:06 AM | 1 Like Like |Link to Comment
  • Molycorp Mired In The Mud: Perhaps A Domestic "American"Total Rare Earth Supply Chain Should Be A Collaborative Project. [View instapost]
    Hello Jack; and thankyou for your always usefull insight !
    - Below; is a portion of Ucores recent press release; ... Ucore Reports Dysprosium Separation Breakthrough

    "HALIFAX, NOVA SCOTIA--(Marketwire - Oct. 3, 2012) - Ucore Rare Metals Inc. (TSX VENTURE:UCU)(OTCQX:UURAF) ("Ucore" or the "Company") is pleased to report the results of recent laboratory experiments which have successfully separated the critical metals: dysprosium (Dy), neodymium (Nd) and erbium (Er) from the other rare earth elements (REE) found in a mixed concentrate. The work was performed by IntelliMet LLC of Montana, with composite solutions designed specifically to replicate the contents of the ore from Ucore's Bokan Mountain deposit in South East Alaska. These metallurgy findings are significant, since Dy and Nd are now listed as among the most critically important strategic metals to the United States as determined by the US Department of Energy and US Department of Defense.

    "This is yet another industry leading advancement for Ucore," said Jim McKenzie, President & CEO of Ucore. "The isolation of a chemical form of dysprosium from a US-based deposit has been a 'holy grail' of sorts in the domestic rare earth industry. Now that dysprosium has been liberated at laboratory scale, our intent is to pursue this breakthrough at a pilot plant level"

    - It is my understanding; that the cracking of hard-rock Ree deposits is amongst the most complex & challenging; ...particularly given that no two given deposits, share identical mineralogy.
    - The above sentence caught my attention; "" The work was performed by IntelliMet LLC of Montana, with composite solutions designed specifically to replicate the contents of the ore from Ucore's Bokan Mountain ""
    - I appreciate you non-disclosure agreements; therefore based on your vast experience; could you comment generally, on how well laboratory scale breakthroughs, tend to scale up to the real world, full-size, production-plant volumes.
    - I must admit here; my slight skepticism; based on prior so-called revolutionary lab-scale technical breakthrus in the petro-chemical industry; ...that failed to work as planned when scaled to full-size production!

    u4eah
    Nov 11, 2012. 09:04 AM | 2 Likes Like |Link to Comment
  • REE/Strategic Minerals Concentrator, April 16, 2012 [View instapost]
    -LYNAS posts Q-1 Activity Report

    http://bit.ly/JkrZ4g
    Apr 29, 2012. 07:53 PM | 5 Likes Like |Link to Comment
  • Great Western Minerals Group Valuation Actually Is Great (Part I Of IV) [View article]
    - Jon; ... glad you incorporated a visit to the new LCM facilities in Birkenhead, to gain much needed valuable insight into GWMG's future plans; and I see you,ve also undertaken some thorough DD to support your valuation hypothesis.
    - I also note that you have completely discounted; and applied no valuation what-so-ever; to all of the following;
    > Steens S/African refurbished REE-rich mine.
    > Future benefication / seperation facilities; for which financing is in place.
    > GWGQD joint venture intellectual property seperation expertise.

    - Despite the harsh discounts applied above; GWMG still emerges with a one year 100 % price target increase !

    "after spending the last two months reviewing our thesis, we conclude that Great Western Minerals offers one of the most compelling investment opportunities in the rare earth sector today. We thereby are upgrading Great Western Minerals Group (GWMGF.PK, GWG) from a SELL to a BUY with a $1.05 price target."

    - Makes one wonder what this little Gem will be worth; once firing on all cylinders! ..... Do hope you accept the offer to visit the Steens mining / processing facilities once the 43-101 is released.
    - Thankyou,
    u4eah

    Apr 18, 2012. 12:20 AM | Likes Like |Link to Comment
  • REE/Strategic Mineals Concentrator - March 28, 2012 [View instapost]
    - GWMG schedules conference call for April 11- 2012

    - http://bit.ly/HOj0bJ
    Apr 2, 2012. 12:36 PM | 4 Likes Like |Link to Comment
  • REE/Strategic Mineals Concentrator - March 28, 2012 [View instapost]
    - TMR Comments on News from China; ( Chinese to launch REE Association - to include complete supply chain )

    - http://bit.ly/H6NQhZ

    u4eah
    Apr 1, 2012. 08:41 AM | 5 Likes Like |Link to Comment
  • REE/Strategic Mineals Concentrator - March 28, 2012 [View instapost]
    - @HTL ( "They're all bastards, and not to be trusted"

    But being Canadian, they're very nice bastards, eh?

    HardToLove )

    - Good One HTL ! ..... Yes; we your neighbors, mostly north of the 49th parallel, forever endeared for the trait of "niceness", do come by it quite honestly.
    - We are the proud prodigy of generations of our elders stern warnings to always; "mind your pleases, thanks, and pardon-me s..... or else !!! And, there were a few others like; "put on a clean set of underwear; ... you never know when you'll be hit by a bus! "... Never really understood that one, as I'm sure to have soiled myself anyway, were that to happen !
    - And even after all is said and done;... after we've finished screwing you over; ... we're most likely to extol that very same politeness; and express a "Thankyou"; .... or at the very least say that we're "Very, Very Sorry"
    - What can I say; ... it's in our DNA, ....eh !

    u4eah
    Mar 31, 2012. 06:37 PM | 4 Likes Like |Link to Comment
  • REE/Strategic Minerals Concentrator, March 2, 2012 [View instapost]
    GWMG ARRANGES CONVERTIBLE BOND FINANCING;

    -
    Great Western Minerals arranges bond financing

    2012-03-14 15:38 PT - News Release



    Mr. Gary Billingsley reports

    GREAT WESTERN MINERALS GROUP ANNOUNCES PROPOSED SECURED CONVERTIBLE BOND FINANCING

    Great Western Minerals Group Ltd. has engaged GMP Securities LP and ISM Capital LLP, as co-lead agents, along with Byron Capital Markets Ltd. to act as its exclusive agents in connection with its intention to offer secured convertible bonds.

    The bonds will become due five years from issuance and will be convertible into common shares of GWMG at a conversion rate yet to be determined. The most recent closing price of the GWMG shares was 55 cents.

    The net proceeds of the proposed offering are intended to be used by the company as follows: (i) to complete a technical report on the company's Steenkampskraal property in accordance with National Instrument 43-101 -- Standards of Disclosure for Mineral Projects; (ii) to advance the development of the company's Steenkampskraal operation; (iii) for the construction of the company's monazite processing facility; (iv) for the construction of the company's separation facility; (v) for equipment purchases and expansion of Less Common Metals Limited; and (vi) for general working capital purposes.

    GWMG president and chief executive officer Jim Engdahl said: "The proposed secured convertible bond financing is a transformational event for the company and is key to the completion of the next steps of the company's development. Execution of the company's strategic business plan involves the company becoming a first mover in the rare earth industry and completing its fully integrated business model. This strategy has been central to the company's focus and we are extremely pleased to be working with GMP, ISM and Byron on this offering."

    Concurrently, GWMG is pleased to announce the appointment of Robert Gilmore and George Ireland to the company's board of directors, subject to regulatory approval.

    Mr. Gilmore has been chairman of Eldorado Gold Corporation since 2009, having served on the board as an independent director since 2003 and as chairman of the audit committee since 2004. He also serves on the board of Fortuna Silver Mines. Mr. Gilmore, a certified public accountant and financial consultant, is a graduate of the University of Denver with a bachelor of science degree in business administration, accounting. He has been the chief financial officer of Dakota Mining Corporation and Teamshare Inc. Mr. Gilmore, a member of the Colorado Society of Certified Public Accountants and the American Institute of CPAs, has more than 30 years of experience working with resource companies.

    Mr. Ireland serves as chief investment officer and managing member of Geologic Resource Partners LLC as well as portfolio manager of Geologic Resource Funds. Mr. Ireland has 30 years of experience in all aspects of the resource sector, ranging from field geology through to banking and corporate finance. In addition to having worked in the most senior positions with several firms in the resource sector he has served as a director with companies that include Blue Wolf Mongolia Holdings Corp., Peru Copper Inc., Geoinformatics Exploration Inc., Kiska Metals Corporation and Uranium Resources Inc. Mr. Ireland graduated from Philips Academy and the University of Michigan with degrees in resource economics and geology. He also attended the Graduate School of Business Administration of New York University.

    GWMG executive chairman Gary Billingsley said: "GWMG is very pleased to be able to attract such highly qualified board members to our company. The significant resource sector backgrounds of Robert Gilmore and George Ireland will further strengthen our team at GWMG. We are very confident that the addition of these independent directors will serve our shareholders' interests exceptionally well."

    We seek Safe Harbor.
    Mar 14, 2012. 08:33 PM | 4 Likes Like |Link to Comment
  • REE/Strategic Minerals Concentrator, March 2, 2012 [View instapost]
    - Most recent peer into Jack Liftons "REE Crystal Ball"

    - http://bit.ly/yN6yxE
    Mar 8, 2012. 06:41 PM | 3 Likes Like |Link to Comment
  • REE/Strategic Minerals Concentrator, March 2, 2012 [View instapost]
    LYC- TRUTH vs MYTH

    - Various contributors here, and most notably Chi, have written extensively on the many myths surrounding the LYC story.
    - Found this 20 point presentation posted on "Hot Copper" today
    that summarizes everything nicely !

    http://bit.ly/zCYf0Q
    Mar 7, 2012. 10:05 PM | 5 Likes Like |Link to Comment
  • REE/Strategic Minerals Concentrator, March 2, 2012 [View instapost]
    - Couple of questions on my mind tonite concerning the latest turns and twists in the LYC road; so here's to hoping the "Board" will indulge me!
    - How is it that LYC has managed to become this lightening rod, for what seems to be every special interest group with an axe to grind; both abroad, and now apparently domestically also? ..... I'll admit, I don't know the whole corporate history of LYC; however from my vantage point, it does appear that someone; or something; or some mysterious dark force, is bent on preventing LYC from succeeding !

    - Also, were it not for the radio-active component involved in the mining and processing of rare-earths; would these special interests groups have the needed ammunition required to launch their attacks at LYC? .....In other words; if there were no radiation risk involved; would we still be witnessing this "anti-Lynas" mania? ....... because if
    the answer is "no", then please enlighten me as to why Lynas chose not to remove the radiation in Australia at Mount Weld; as part of their chloride processing / benefication stage ! .......because this is precisely what GWMG are doing at S/Africa Steens mine; and returning the radio-active thorium back into the mine, underground, safely entombed in concrete. No radio-active transportation hassles; .... no radio-active waste sites;...... and no radio-active protests.
    - Perhaps there is some logical explanation for the path Lynas has chosen; ....I'm just not aware of it .

    u4eah
    ps. If this was already debated in a much earlier "Concentrator"; my apologies !
    Mar 5, 2012. 11:31 PM | 5 Likes Like |Link to Comment
  • REE/Strategic Minerals Concentrator, 2-22-2012 [View instapost]
    GWMG UPDATE
    - I know everyone here at the moment is fixated with the LYC story right now; however, for any GWMG heads out there, a fairly recent update :
    - Of note;
    - Mixed chloride production plant upgraded to produce 12,000 tons mixed chloride.
    - LCM; 400 % capacity expansion to meet ever increasing customer demand.
    - Dec 2012 completion mixed chloride prod plant; and early 2013 completion seperation plant.
    - I'm not sure yet where the monies will be coming from, however they seem pretty confident about having adequate materials to process!
    http://bit.ly/zKg6yD
    Mar 1, 2012. 09:47 PM | 6 Likes Like |Link to Comment
  • REE/Strategic Minerals Concentrator, 2-22-2012 [View instapost]
    - Thanks TB for the prompt response and carification re "Vanishing Post"; and I now see that others have on occasion, experienced similar incidents. I also meant no offence to you personally; so I hope none was taken.
    - As to my recreating my initial response to "Chi's 02-26-12 GWMG comments" ; I'll pass for now thanks; as Chi will undoubtably provide ample opportunity in the future.
    - I would however, like to emphasize some often overlooked attributes regarding GWMG. While by no means perfect, GWMG do continue to execute their plan on all fronts simultaneously; without hype; without fanfare; and most importantly without stumbling. They are quietly, and methodically; assembling formidable talent; forming the necessary strategic alliances with host S./African mining officials/ governments; acquiring crucial Chinese REE seperation expertise; and end-user Japanese/European/and North American clients; .... all vital components to achieving a totally integrated Ree supply chain.
    - I believe that the market has to date, not fully grasped the significance of these achievements; nor acknowledged how in fact this has substantially de-risked their projects going forward !

    - u4eah
    - ps; Thanks T.B. , Aqwert, Chi, and other members, for the warm welcome. I will endeavor to publish if, and when, I have something of value to contribute.
    Feb 28, 2012. 09:10 PM | 5 Likes Like |Link to Comment
  • REE/Strategic Minerals Concentrator, 2-22-2012 [View instapost]
    Hello Tripleblack;
    - Being a self-investor, I've been closely following the REE sector for some years now. From time to time, and especially when the likes of "Stockhouse" get totally off topic; I'll wander over to the "Concentrator" for some refreshing, civilized, exchange of dialogue & opinion.
    - Yesterday, (02-26-12) I did submit a just reply to Chihawk's somewhat biased post regarding GWMG. My response to Chi was intended to present a more balanced perspective on this little "dark-horse" company; who are IMO quietly assembling the critical components, vital to completing their vertical integration strategy.
    - To the best of my knowledge, my response did not violate any "Concentrator" code-of-conduct protocols; therefore its absence remains conspicuous.
    - I welcome your response.
    - u4eah
    Feb 28, 2012. 02:26 AM | 6 Likes Like |Link to Comment
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