How many times have I seen this type of thread over the last year and a half?
I guess all of that FA would give you the answer.
The SP is going backwards because its a great company in a future industry, the first to break the Chinese monopoly on rare earths and it has forward sales contracts covering its production for 10 years, it has the highest grade deposit of rare earths in the world and it has just completed the largest RE processing plant in the world which is capable of supplying 20-30% of the worlds RE demand.
Yep love that FA, that is why the SP is going backwards.
Or could it be a matter of supply? Trapped buyers? people wanting out because they are not making their fortune quick enough? People taking profit because they can?
Nah. Sounds like that crazy TA stuff.
PS. Love the poster whom is ALREADY carrying on about the lack of news from NC only a week after a corker announcement about production updates.
I for one vote that we fire management because they dont put out an announcement every time a worker farts at the LAMP.
LYC Price at posting:
65.0¢ Sentiment: LT Buy Disclosure: Held
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