STTCOMP ARR TA LONG
American Rare Earths limited
(Rare Earths)
SP—10c
SOI—329,836,259
MC—33m(undiluted
CASH-2.4m(from recent placement)
Some interest in the stock today with above average volume and large spread
daily chart shows SP in the last 4 weeks making a couple higher lows breaking a downtrend line and creating a new high
History shows the SP can run but suspect will have trouble with some resistance, a break through 10.5c and SP could increase further
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Shanthar Pathmanathan, MD
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