Originally Posted by
COLIN
Thanks, Cannibal, well worth a read by anyone following the REE's.
And thanks, stevo1, for your comments also. The last paragraph in the article posted by Cannibal does draw attention to the danger of a large bubble forming, and quotes the total capitalisation of just six junior REE miners as being $7B compared with the world's annual demand of only $2B - and it can take up to 15 years from discoveries to production. But, as we have observed, LYC is in a most advantageous position, being less than a year from production, and seems to be the one to follow, for anyone wanting to stand a good chance of making good gains. (I mustn't keep going on, or I will talk myself into buying back into LYC again today!).