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December 26, 2007 – Comments (3)

I was working on a post about why I choose to not end losers, or what does promote me to end them, as I have quite a few right now, when my computer locked up, which happens to me quite a bit with CAPS.

I was too frustrated to go back and try and reproduce, but First Solar is highly deserving of a post.

I did not find today's spot price on Tellurium.  A troy ounce has about 31 grams and a 2'x4' solar panel uses about 8 grams of tellurium, so you can make about 4 panels per ounce.  Last year the spot price I found said a low of $50/oz and a high of $73/oz.

Tellurium is one of the 9 rarest elements on Earth.  Rhodium, which has similar rarity, is currently priced at $6800/oz.  If these solar panels do anything in the range of sales that investors have priced into the stock the price of tellurium goes through the roof.

The other thing I found is tellurium is nasty stuff.  What happens to the neighbourhood if there is a house fire where these solar panels are installed?  Teraogenic means birth defects.

Health effects of tellurium

Fortunately, tellurium compounds are encountered rarely by most people. They are teratogenic and should only be handled by competent chemists since ingestion in even small amounts causes dreadful smelling breath and appalling body odour.

Routes of exposure: The substance can be absorbed into the body by inhalation of its aerosol.

Inhalation risk: Evaporation at 20C is negligible; a harmful concentration of airborne particles can, however, be reached quickly when dispersed. Effects of inhalation: Drowsiness. Dry mouth. Metal taste. Headache. Garlic odour. Nausea.

Effects of short-term exposure: The aerosol of this substance irritates the eyes and the respiratory tract. The substance may cause effects on the liver and central nervous system. Exposure may result in garlic-like breath. Medical observation is indicated. Ingestion: Abdominal pain. Constipation. Vomiting.

Chemical dangers: Upon heating, toxic fumes are formed. Reacts vigorously with halogens or interhalogens causing fire hazard. Reacts with zinc with incandescence. Lithium silicide attacks tellurium with incandescence. Combustible. Finely dispersed particles form explosive mixtures in air.

3 Comments – Post Your Own

#1) On December 27, 2007 at 12:20 AM, dwot (77.77) wrote:

FSLR

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#2) On December 27, 2007 at 1:01 AM, abitare (71.93) wrote:

Vinik Asset Management teamed with GS are the kings of the pump and dump. They own FSLR. The only question is when will they CROX this pig?

http://www.secinfo.com/$/SEC/Filing.asp?T=rHG7.u38v_37r

THE JUGGERNAUT WHO'S FLATTENING SHORT-SELLERS
Jeff Vinik's plays often drive stock prices through the roof
http://www.businessweek.com/1997/41/b354...

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#3) On February 15, 2008 at 2:38 PM, JJ2000426 (< 20) wrote:

    Your rhodium price quote is already out dated. Today it reaches $8875 per troy ounce. Once troy ounce is 31.101 grams. All platinum group metals are going crazy. Have a look at PAL and SWC, the two stocks you must buy to ride the PGM rally. Look at the prices here:

http://www.platinum.matthey.com

    I found one web site where youc an look up tellurium price movements:

http://www.asianmetal.cn/Metal_News/index_product106.asp

    It is now widely known that GS has sold more than 96% of their stake in FSLR, as of end of 2007. See recent SEC filings.

 

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