I am a new fan of the show, and also to this community. I love the show so much that I read the manga just to get ahead of the anime, even though the show doesn't really follow along with the manga. According to the creator of FMA, alchemy is based on the law of equivalent exchange. So to create something, another thing of equal value must be lost. If this is the case, how was Ed able to transmutate the spear/lance during the alchemy examination in the manga? Seemed that nothing was lost during that transmutation. Or did I miss something?