Accumulation is over. Those in the know are now locked in and waiting. If the share price trickles down on no volume as it has over the past couple of days i'm not worried.
At the end of the day the deposit isn't going anywhere,
the only thing that might be gone soon is the country's 0 tolerance to U mining.
The reality is that if it gets clearance to mine, the share price will be multiples of the current price.
Another producer of rare earths is required outside of china, greenland needs to find a source of income and provide jobs for its people. The feel from the last debate with the locals was positive for the mine to go ahead and they have the right team assembled to get the job done.
Whilst now one can say for sure whether they will/or will not overturn the ban, one thing you can say for sure is that the next few months are going to be one hell of a ride.
Accumulation is over. Those in the know are now locked in and...
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