My questions on that are, how many "strategic minerals" deposits will the US government invest in, across what range of minerals, and are they looking at the economics of the deposits, or just the volume of material, or - I hate to say it this way.., - "friends of Trump?"
Looking at lithium, for example, the US already took down an interest in HiTech Minerals in the tri-state area of California, Nevada, and Oregon. It may not be the most feasible of such operations, or the largest. I think richer but smaller deposits are located with easier access to, or in place infrastructure, and are already producing or near to doing so. Also, what is special about what HiTech has as compared to the other newly found massive deposits under the Salton Sea in California, or in Arkansas?
I mean, what are the guidelines for these arrangements? Without knowing what those may be, buying candidates for deals has to be a crap shoot. But, that does not prevent the market for doing what it wants. |
