http://www.smh.com.au/business/concerns-over-rare-earths-boom-201...

http://www.smh.com.au/business/concerns-over-rare-earths-boom-20101105-17hg1.html

"If you have invested in rare earth projects, you are probably sitting on healthy profits. Now is the time to take them. If you are sitting on the sidelines, taunted and tempted by escalating share prices, it's probably best to stay put.

It's highly likely that in a few years' time, this tiny global market will be flooded with new supply that will force a spectacular price crash."

I call this BS and am relieved that there is a post like this in SMH. Dines said that when he was bullish on gold, everyone was against him. It went up a bit and everyone saying "bubble!". It keeps going up even until now, people still say "bubble! don't buy!".

It's when everyone/every article in the news said "buy! this opportunity will never come again! get onboard before it's too late!", then I will be worried and sell my rare earth stocks.

People don't know what they are talking about when they talk about rare earth. They think it's like mining iron ore,copper etc. It takes YEARS from finding to producing. Also don't forget that the ONLY one can convert oxide to metals is only the chinese. Americans DON'T have the knowledge or facility to do it. That's why Dines was bullish on it and stunned by the ignorance of the market. He said he was "cursed" to be able to see what people can't see.

GL to all holders. IMHO, it will bounce from here as it touched exactly 38.2%. I may be wrong, but long term, it is still a great investment. It is good to be in the stock where even you pick at the wrong price, it will go back up eventually and make a good profit.