Finally shes blasting off...., page-51

It seems the storey gets more interesting too. This may be why the GGG share price is rising....
Customs data showed that domestic imports of mixed rare earth carbonate in January were below half of the imports in January 2018. A decline of 67% in the imports of Myanmar’s products accounted for the overall loss. https://news.metal.com/newscontent/100883187/rare-earth-oxide-prices-rise-for-a-month-on-concerns-of-import-ban-on-myanmar-ore/

Or maybe GGGs share price is rising because REE prices are increasing...
The Shanghai Metals Exchange today listed the year-to-date price jump for 99.5 per cent pure dysprosium oxide at 21.5 per cent per kilogram.*****’s 60-day price change is 5.16 per cent.Even Asian Metals offers an alternative view.On its website it says 99.5 per cent dysprosium out of China is up between 10.38 per cent and 13.6 per cent over the last 60 days.In 2012 the US, EU and Japan accused China via the World Trade Organisation of price manipulation by putting quotas on exports. China lost the case in 2014 and lifted the quotas.But in the second half of last year it began restricting production by 36 per cent and delivering only enough to supply its own domestic needs, according to Reuters.
https://unauthorised investment advice/resources/is-the-price-for-this-rare-earth-really-up-20pc-in-a-month/

Maybe the share price is shooting up because GGG is looking well set to fill the gap being created that needs to be filled and Shenghe appear to preparing GGG for it...
Still, the lower quotas has increased concerns that China may not be able to produce enough rare earths for its demand.“It is already an industry consensus that the total (quotas) cannot meet the demand of China’s domestic market,” said Chen Zhanheng, deputy secretary general of the Association of China Rare Earth Industry.

https://www.reuters.com/article/us-china-rareearths-quotas/china-sets-lower-rare-earth-output-quotas-for-first-half-of-2019-idUSKCN1QW1DF

Remember what happened to GGG share price when REE prices shot through the roof due to Chinese restrictions on REEs in 2010-11. Where REE prices shot from 1000% to 4000% percent (you read that right),. Thats when GGG shot to $1.35. The market knows how fast share prices can boom accordingly.

Plus GGG may be getting interest from the failing of Lynas. As how will the market be able to securely return to Lynas (the only real remaining supplier outside China) who have now been instructed to not import anything radioactive into Malaysia and therefore causes a large financial loss by sorting cracking and leach offshore potentially disrupting supply.... even if they get out of their situation alive and extend their permits. REE investers may be heading to GGG as its absent these concerns. The price shifts would suggest this.




It could be the case as Lynas is sitting at an 18% increase over the past month while the others are heading up from 38-60%. GGG is at 38%. LYC only got its boost as you can see from its WES offer price. Otherwise I suspect it may still be floundering in bloody waters.

Perhaps GGGs recent huge share price shift is savy investers noting the alignment of all these stars here and getting in now ready for the potential of another REE boom in a very overdue sector. In which everyone is expecting it to happen in time ....but are now finding themselves watching all this kindling being thrown upon the fire and so these buyers for GGG are relentless in their arrival to pick up the worlds next big REE companies storey.
What ever is happening. Its an exciting time to hold GGG fellas...and good luck with the info on why GGG is firing up as impressively as it is!