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Gold/Mining/Energy : The Metals Thread

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From: Taikun6/19/2007 2:21:26 PM
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RD.H
rdminerals.ca

US has no domestic manganese supply-this is reported to be the only reasonable deposit.
gold-eagle.com

US imports all manganese, some from China which is imposing export quotas on taxes.

Manganese is required as a catalyst in metals production to get nickel, for example, into an alloy. This should be a strategic metal.

C$14m market cap here, 175m lbs at 3% is 5.1 million tons, $5500/ton is $12.4bn of rock in the ground.

Not sure of recovery rates.

Market cap of $14m is approx 0.1% of deposit value.

Once Larry Rea gets the .H off this Larry can do more with it.
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