Discovery of vast deposits of rare earths in Wyoming.

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AntennaGuy United States of America
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Discovery of vast deposits of rare earths in Wyoming.

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Post by AntennaGuy »


For those who may not have seen this news yet:
https://www.dailymail.co.uk/sciencetech ... erial.html
Ideally, this will make lots of electronics products, powerful magnets, etc., much less expensive. We'll see.
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Re: Discovery of vast deposits of rare earths in Wyoming.

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Post by SparWeb »


Interesting indeed, but beware.
The exploration companies are entering the phase of "attracting investors" where it is to their advantage to round up. A little. Sometimes.
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Re: Discovery of vast deposits of rare earths in Wyoming.

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Post by AntennaGuy »


SparWeb wrote: Sat Feb 10, 2024 6:13 am Interesting indeed, but beware.
The exploration companies are entering the phase of "attracting investors" where it is to their advantage to round up. A little. Sometimes.
I guess that makes sense. But when I see a story like this, my feeling is that if they've already found all this, then it is too late to invest. The time to invest was before the big discovery. Right? Or maybe I just don't understand investing. From my perspective, the key to effective investing is time travel.
* Meade 323 refractor on a manual equatorial mount.
* Celestron C6 SCT on a Twilight 1 Alt-Az mount
Prof. Barnhardt to Klaatu in The Day the Earth Stood Still: "There are several thousand questions I'd like to ask you.”
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Re: Discovery of vast deposits of rare earths in Wyoming.

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Post by helicon »


In general it's a good idea to avoid gold mining stocks where the primary asset is an unexplored deposit. Investors can be left holding the bag. Not necessarily an equivalent scenario but caveat emptor, just sayin'
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