Friday 22 December 2017

A good mineral deposit is a rare find!

A good mineral deposit is a rare find. Not every occurrence of minerals is a true mineral deposit.

For example, under the guise of REE deposits, they can sell an occurrence containing apatite, thorite, fluorite, brockite and many others. Such “deposits” are unpromising for the production of REE.

From apatite you can get only mineral fertilizers. You can become an ordinary fertilizer producer, but you will never become a Rare Earth King.

You didn’t dream about this!

We can give a lot of such examples. We presented in the table only a few real examples:

What risks do you have at this stage?
 
The risks are very high. You risk losing up to several billion dollars and getting stuck for 10-20 years in anticipation of a miracle.

At best, you will be forced to build several costly plants to get at least some product. Your real incomes will be one order of magnitude lower than the incomes you expect.

In the worst case, you will not get any product. You lost your money.

We know many examples where different tailing dumps, slurry waste, overburden rock (also called waste or spoil) are sold under the guise of mineral deposits.

The key to success is laid here! Don’t invest your money in risky projects!

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© Ph.D. Igor Bobin, Ph.D. Natalia Petrovskaya
April 16, 2017
nataliapetrovsky@gmail.com

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