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Message: Re: Markets & TMBXF

Apr 22, 2014 06:39PM

Apr 28, 2014 05:30PM

Apr 28, 2014 11:06PM

Apr 29, 2014 09:19AM

That interview, while factually correct, was also pretty one-sided. Here are some other thoughts about the mining/metals markets in general, and a couple of encouraging words about LBSR.

China continues to restrict exports of selected commodities, even as they hoard a lot of their imports. This is limiting physical supplies internationally. In one example, and where China now controls 70 percent of the global market, there is a wordwide boom in graphite exploration. Note that there are presently no active graphite mines in North America, but a lot of hot exploration stocks.

In this regard also, above ground supplies of zinc are falling, and a couple of major producers will be mined out in the coming months. Here again, China is hoading and cutting exports.

Meanwhile, China is shifting from an export-driven economy to one based on domestic consumption. This shift is causing disruptions and confusion in the markets, but, I think, will ultimately benefit producers and suppliers of commodities

Can I add rumors here? China is also thought to be secretly importing amounts of gold and silver for purposes that can't be good for the dollar, and that's good for metals prices.

My point is, one can never know when change will begin in the broader markets, nor what may bring it about.

As to LBSR, I have no doubt that multiple parties are interested in Hay Mountain. The very fact that TMBXF found a partner should be very encouraging, should it not?

In my opinion, the fate of these companies, TMBXF and LBSR, is now intimately tied. I can't imagine that their neighboring properties will not one day be somehow dependent upon each other.

Given my opinion (that of others), that Hay Mountain is so very much better a better target than TMBXF's Zebra property, does it really make sense for anyone to drill Zebra before Hay Mountain?

...so many questions, so few answers.

VP


Apr 29, 2014 02:56PM
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