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Gold/Mining/Energy : V.LTH
LTH 27.47+0.3%3:47 PM EST
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To: james flannigan who wrote (656)3/1/2008 7:10:21 PM
From: Joey Two-Cents  Read Replies (1) of 874
 
If you convert the ppm indium values into oz's per ton you have to divide by 31 and multiply by the indium spot price of $21. So that intercept of 1,055 ppm would translate to about $700 a ton.

The "rare earth" element spin gives Lithic a different angle for them to be able to sell themselves. It doesn't appear indium occurs in large concentrations here in North America.
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