ARU 3.33% 15.5¢ arafura rare earths ltd

"lets take a breath before she moves again"Wont be much of a...

  1. adp
    276 Posts.
    "lets take a breath before she moves again"

    Wont be much of a breather before she goes again if news like this keeps coming out....

    "China is to reduce production quotas of rare earths and will stop issuing exploring licences for rare earths, tungsten and antimony until 30 June 2010, the Ministry of Land and Resources said in an document issued yesterday."

    And Jack keeps spreading the word....

    "For now it is still possible to buy shares of Australia's Arafura and Lynas. There is no indication of any immediate plan by their new Chinese owners to take them private, but they might just do that not too far down the road, and if the run up of neodymium has then begun those who were long term investors at that point will be in very good shape. Don't say I didn't tell you about this early on."
 
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