any LYNAS owners know why the stock is so weak? (corporation, investment)

[nitroae23]

Originally Posted by zinglicious

There are even more pressures from the people who has just put on the rare demonstrations against fair election pratice in democracy and general election would be due in 2012. It is anybody guess should the opposition beats the ruling party, anything can happen especially the corruption practice which may be evident in this case http://www.themalaysianinsider.com/malaysia/article/the-days-of-gatekeeping-are-numbered-alexis-see-tho/ .
Nevertheless, the previous radioactive plant which is at Bukit Merah, is already have an outstanding law suit of millions pending as acknowledged by Mitshibu**** Rare Earths as the residents were exposed due cancer and deaths..
Money is not the roots of all evils but the love for money is especially when it put your fellow human lives in misery or on death list.
Unless it is done in the area where it is not populated i.e. deserted lands, it's blood money investing for supporting such corporations which put people's lives at stake.

Yeah,you tell them Zingy,I mean all they got was some fly by night organization like the International Atomic Energy Agency to sign off that there were no health risks invoved with the plant design or the ore being processed.Geez,you think they would have gone with a reputable firm.

[zinglicious]

Telling them is one thing, but would they listen? That was the message spread on the self destruction by mankind on music video Earth Song -
YouTube - ‪Michael Jackson - Earth Song‬‏ by Michael Jackson.

On the current note the latest news link on the lynas with protests in Australia and looking at the Australian laws to stop it. Anti-Lynas residents look to Australian courts to stop project - The Malaysian Insider

[nitroae23]

Ironically,all of the devices used to promote peace,harmony and a green world use.......you guessed it,RARE EARTHS !!!!!!

[zinglicious]

Malaysian Bar gonna to stop Lynas for now - Lawyers want Lynas out of Malaysia - The Malaysian Insider

[zinglicious]

Now Malaysian Medical Association said - Stop it. Nix Lynas plant, says doctors? association - The Malaysian Insider

[nitroae23]

Another solid quarterly report from Lynas,$400 million in cash available,about $100 million needed to complete the LAMPS plant in Malaysia.www.lynascorp.com
Offtake agreements in place for expansion on both Concentration Plant in Australia,and LAMPS to bring total output to 22000 Tons per annum,which at current prices means about 4.5 BILLION a year in revenue.
Yet the market cap is only 3.7 Billion.
Reason this story doesn't get as much play as it should is LYSDY is still a pink sheeter,gonna change soon.

[Currency Pair Crocodile]

Guys, I need some insight here.

I have a load of LYSCF and there's news that on October 10, LYSDY is going to be listed on NASDAQ. And that would be great for DY, but what happens to CF is unknown... will my broker allow me to exchange CF for DY?

Has anyone done this before. I am getting conflicting info online.

[Currency Pair Crocodile]

Originally Posted by Antlered Chamataka

Guys, I need some insight here.

I have a load of LYSCF and there's news that on October 10, LYSDY is going to be listed on NASDAQ. And that would be great for DY, but what happens to CF is unknown... will my broker allow me to exchange CF for DY?

Has anyone done this before. I am getting conflicting info online.

Fellas, any ideas??

I called scottrade and some lady answered, and she is clueless

[Currency Pair Crocodile]

Lynas just got clobbered in Australia

Let me think, I've never had one happy trading week all over in months.

India is up 200 points at least.

I need to wake up in 4 hours, work out, catch a train, give a presentation at 9:30 and start trading again after. So my chaotic life continues

[Currency Pair Crocodile]

By the way, I hate those Malaysian protestors Sorry, Zing

Anti-corporate sentiment has been at an all time high in ever corner of the plant.