PEK 2.63% 18.5¢ peak rare earths limited

It's good to see this stock and mine will finally start moving....

  1. 27 Posts.
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    It's good to see this stock and mine will finally start moving. But the reality was that the whole reason many investors got in was the advertised production of rare earth's removed from China. The mine will make plenty of money now but if China acts on Taiwan, which winnie the pooh (sorry Xi) has stated he will bring forward and be more aggressive on, we can all say goodbye to any profits from this company let alone any other mining stock, as they'll be tarrif'd out of existence.

    One of the biggest selling points of this stock was its reduced geopolitical risk if China went haywire. Though this is a lesson, if you want to create a company removed from China, do it quietly before they can sink their claws in.

    Either way I'll take the profit (when this dog finally gets back over my average), but that doesn't mean I have to enjoy it...
 
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