2017 the year of Alkane Resources., page-83

I use a fairly simple rule: if someone is offloading shares and not doing their best to get the highest possible price for those shares then they have other motives.

Like today I would suggest that there is enough interest in the stock with potential buyers lurking that if they (assuming a single seller) had sold the $500K+ of stock over a couple of days they could get 34+ for them all. Instead we close at 32.5 and that person just burned more than $10K.

I don't like being a cheerleader too much but I bought more shares this afternoon, so not trying to prop up emotions on the board. I did the same thing last year at similar prices on the way up but sadly didn't sell enough. Buying more now is just a Pavlovian response I guess.

LYC has been pretty strong as has NdPr. I also use China Northern Rare Earth company as a bit of a proxy for the sector and that has been on a tear recently. This chart (particularly the volume) tells me that current conditions in the broader earth market are not your garden variety pump and dump. This company has a US$10B market cap.