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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: marcos who wrote (59984)	6/12/2008 2:07:25 PM
From: Malyshek	Read Replies (1) \| Respond to of 78416

Marcos, Re: GWG (Great Western); just heard of this one for the first time the other day, and read that Resource Investor piece that's got a recommendation on Lone Clone's Rare Earth thread, which says in part: "Toyota and Honda are well known for, and respected for, making long term plans to insure themselves against the risk of non-supply of critical raw materials. A million and a half NiMH powered hybrids a year represents $40 billion dollars a year of product a year. For less money than it is now spending on building the plants to make a million NiMH batteries a year Toyota, for example, could fund all the way to full production Great Western Mineral Group [TSX-V:GWG], Avalon Ventures [TSX-V:AVL], Lynas [ASX:LYC] and Arafura [ASX:ARU]; it would thus assure itself of a non-Chinese supply of light rare earths which would make the company not only self-sufficient but able to ramp up production, using internal supplies, to the 2 million hybrids a year projected, by GM, to be the total global market for such vehicles in 2014." Made a note to look into these companies and see if there was a curve coming that we could get ahead of. Then I happened to see some article on battery manufacturing in the NY Times and I believe the same day noticed a bump in GWG's share price--just recently. Looked for that article just now, don't think it was the below one, but can't find a more recent one. Have we gotten input from E. Charters or others who know mining about these companies' prospects? Do we know anything about their management? I'm going to look, but this is a mining sector I know nothing about. Also don't know beans about batteries -- for example, don't know whether only the NiMH batteries use these rare earth elements, or also lithium-ion ones like referenced below. ?? [an article I found on the Times' site while looking for a more recent one on battery mf'g.] World Business Briefing \| Asia Japan: Investing in Batteries Article Tools Sponsored By By REUTERS Published: May 20, 2008 The Nissan Motor Company and the NEC Corporation plan a joint venture that would invest 12 billion yen ($115 million) over three years to manufacture lithium-ion batteries for use in next-generation green vehicles. The batteries are seen as essential to making gasoline-electric hybrid cars more cost-competitive and to making pure electric cars practical. The joint venture, Automotive Energy Supply Corporation, would initially have capacity to build 13,000 units a year at a plant in Kanagawa, near Tokyo, first supplying batteries for forklifts in 2009. It would increase annual capacity gradually to 65,000 units in 2011 for use in Nissan’s in-house hybrid car and electric vehicles due in 2010. A rival, Mitsubishi Motors, is expected to begin producing lithium-ion batteries by 2009 in a joint venture. Thanks for any insights.

To: marcos who wrote (59984)	6/13/2008 1:26:56 PM
From: TheBusDriver	Read Replies (2) \| Respond to of 78416

Have to agree that DMM is really cheap here but think the risk is still pretty high....decided not to add but to hold what I have.... Also decided to hold onto EPM at least for a bit here to see what happens with this damn lawsuit.... Added to the OSK I bought yesterday at 3.85 with some at 3.90....this sucker is cheap, cheap, cheap.... Also snake bid put of after the last news release at 4.38 was tripped today just after the open.... Not much left..... Wayne