Canadian Natural Gas Prices Rise on Prediction of Colder Weather

Bloomberg reported that forecasts for colder weather pushed Canadian natural gas prices up.

As quoted in the market report:

Gas increased as much as 2.3 percent. Heating demand is expected to increase as low temperatures spread over the eastern U.S. into mid-November, said Weather Derivatives of Belton, Missouri. Traders said Hurricane Sandy may cut demand if power goes out on the East Coast.

To view the whole Bloomberg report, click here.

http://profile.yahoo.com/ZVP47FUD3RYKCUU2O2ALO6B2IE hieronymus

Once again, you’ve missed Montero Mining http://www.monteromining.com/index.html which is anticipating a producing quarry mine by Q4 2012 or early 2013. They will have efficient downstream processing in in place to produce MREO and individual REEs. And they don’t have the high toxicity of Lynas, which only has a temporary license to operate their refinery.
http://twitter.com/AusAltEnergy Sparty

Alkane is in a great position as their deposit has heavy rare earths and a useful mix of other in demand metals at their DZP that is based upon one of the world’s largest in-ground resources of the metals zirconium, hafnium, niobium, tantalum,
yttrium and rare earth elements. Another ASX listed company Greenland Energy and Minerals (ASX:GGG) has the world’s largest rare earth resource in Greenland and that is also a multi-commodity resource with a contained metal inventory of 6.6 Mt TREO (Total Rare Earth Oxide), 350 Mlbs U3O8 and 3 Blbs Zn ( TREO includes 0.24 Mt heavy REO, 0.53 Mt Y2O3).

My point is that the multi-commodity plays are inherently safer as their market isn’t entirely dependent on the REE supply-demand balance.
Blackjack

i think you need to separate things here.
Lynas has spend north of 650 million dollars to get to this stage
so the pluses are mining, shipping and separation of H L M REE

many smaller mines can continue but most dont have the bucks to go onto refining and separation.

So theres mining and separation. If Lynas and a few others have the capacity but not the raw materials some of these mines can supply to them.

If your going to invest then think about the company and whether it has the billion dollars it needs before it gets anything to market

then you have the answer

Lynas has a POL for 2 years and will be properly monitored.

All has been approved by the World authorities!

so ” And they don’t have the high toxicity of Lynas, which only has a temporary license to operate their refinery”. is just a bit of jealous down rampingas the Aussie get first to market.

har har

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