1) Click right here.
2) Fill in the very quick and simple form that awaits you (and privacy rights are fully respected by Fulp and his team, so no worries there and no spam in your mailbox afterwards).
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1) Click right here.
2) Fill in the very quick and simple form that awaits you (and privacy rights are fully respected by Fulp and his team, so no worries there and no spam in your mailbox afterwards).
3) That's all.
Avalon Rare Metals Inc (AVL.T) is a company that I have covered since June 2007 with a commissioned report on behalf of a private equity fund by my friend and colleague, Rich Radez, well-known for his semi-annual Chicago Resource Expo.I was invited by Rich to evaluate AVL on a field tour of one of its three “flagship projects”, a hard rock lithium play in northern Ontario. That project did little to garner my interest but another one that CEO Don Bubar discussed in his power point presentation that morning over breakfast certainly grabbed my attention: Thor Lake, an advanced rare earth element play located 100 km southeast of Yellowknife in the Northwest Territories.
Since that sunny day on Rainy Lake near Kenora, Ontario, I have followed and written about Avalon both privately and publicly (Mercenary Musings: September 1, 2008; November 3, 2009). This is the fourth in a series of yearly comprehensive reviews on the company. CONTINUES
Mickey Fulp in his role as Lex Luthor in Superman Returns.....
"...The Executive comes to Congress screaming “World financial collapse imminent unless we act immediately and decisively.” Congressmen without bothering to read the bill vote for taxpayers to “loan” $170 billion in bailout dollars to AIG. This monopoly money is then created by the Fed with a few strokes of the keyboard. AIG gives $165 million (less than 1/1000 of the new money created) to its executives as retention bonuses. After all, these are indispensable employees in great demand in the world of financial engineering. Who else could they find to perpetrate the chicanery of their toxic credit default swaps and collaterized debt obligations? These derivative instruments were so efficiently disseminated thru out the world that even a municipality in Norway went bankrupt...."
Mickey Fulp's latest Mercenary Musing is now available on Kitco. Here's the link, so if you haven't seen it yet go now. I have seen it already because I'm a member of his free subscription service. Those on the list get to read his musings on Friday evenings and not Monday mornings.

Reserves and Resources: A Primer for the Lay Investor
A Monday Morning Musing from Mickey the Mercenary Geologist
August 25, 2008
As a classically-trained economic geologist, I was introduced to the definition of “
In the early afternoon of a late summer day in 1975, Dr. Wolfgang Elston walked into my Economic Geology 401 class, introduced himself, and asked us to open the chosen textbook, Ore Deposits by Park and MacDiarmid, second edition, to page one and read the following: “Ores are rocks and minerals that can be recovered at a profit.”
At a profit.
So now let’s expand the basic concept and definition to an “Ore Deposit: A mass of rock or mineral that can be developed, mined, processed, and delivered to the marketplace or technology at a profit.”
At a profit.
These two simple definitions have been the fundamental concept anchoring my continuing education and experience since I first set boot in the field as an explorer and prospector in the summer of 1976. The idea is so ingrained in my brain that I need reminding that the overwhelming majority of investors in the mining and exploration sector have absolutely no clue what an Ore Deposit actually is.
Another reminder of this serious lack of insight and understanding occurred a few weeks ago. In a public conversation, I heard meaningless statements such as: “(Unnamed company) has proven up a 1.5 million ounce resource”; “millions of ounces of gold have been taken out of the district and (unnamed company) is about ready to mine it again.”
What was that again? Resources…proven…about ready to mine??
Ai,