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Gold/Mining/Energy : Houston Lake Mining [HLM-ASE]

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To: Sugiyama Kazuo who wrote (236)10/27/1999 2:13:00 PM
From: DRT   of 364
 
I have believed that for 2 years - based on the market outlook (strong demand, limited supply) and vertical integration in the industry (end users have a vested interest in getting involved on the supply side as evidenced by Cabot Corp's purchase of TANCO (produces Li on a spot basis for Corning, Ta from tailings for use in tantalum capacitors and Cs as a drilling fluid for offshore deepwater wells) and it's private placement investment in the development of Sons of Gwalia's Wodgina Ta mine. The only problem is tantalum and cesium are rare - there have been no significant discoveries in North America other than TANCO. Enter Houston's Pakeagama Lake... let's hope the next chapter is ours!

DRT
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