Rare Earths:- PEK: took my profit at 50c on top of some selling...

Rare Earths:

- PEK: took my profit at 50c on top of some selling last week, only hold a tiny position now.
- ARV: spent too much time on this over the weekend i guess. It's probably my current most exciting position, maybe only rank behind PEK but PEK already had a good run and I'm happy with the realised profits from it.
- ORM: we should have some news sometime this week.
- GBE/RSL: is moving, has very high proportion of heavy rare earths. And don't discount RSL, very tiny market cap with 20% free-carried in Machinga's project. Also, I expect RSL to surprise us !!! RSL only has 51mln issued shares i think or $5mln market cap vs over $40mln for GBE, it does have some options indeed.
- NTU: don't see much movement until after the completion of right issue.
- ALK: this one is a safer play, won't move much but it can surprise its reserve is probably world class.

Base metals:
VMS/KAS: i like them
MAR: 19.2mln oz of silver resource, some tree shaking and profit taking from last week. A bit disappointed not to see it trade above 10c. Undervalued IMHO.
BML: still waiting for copper update from Botswana.
FND: undervalued copper in Indonesia, EBITDA is currently bigger than the market cap of FND.