Mike Holt is a Senior VP, Wealth Management Strategist with The MDE Group (big deal): "Lynas Corp is merely a junior mining company with no downstream manufacturing capabilities".
Comments: http://seekingalpha.com/article/1918721-ready-for-rare-earth-rebound-in-2014
Read thru the US RE commentary and you'll see similar statements continuously plus of course poorly informed & dated comment re sovereign risk Malaysia, and bear in mind most yanks view Australia as high sovereign risk, just ask ADM.
Silly comment yesterday, the weight of money is always going to come from the US, and Moly is their flagship. If you follow the thought that there is no such thing as bad publicity Mark Smith has at least left a lasting legacy at Moly. Lynas will eventually get picked up but to outperform its going to have to put some solid numbers on the board over the next 6/12 months or so.
Another current example of US centric movement is the huge gains & volumes in Canadian graphite wannabes in Vancouver & dual US listings v their Oz counterparts on the Eyre Peninsula. VXL, a near term producer IPO's here next Monday and odds on it'll get little attention v the Canadian's that are soaring ATM: FMS.V, NGC.V, LLG.V, etc.
Iluka is one that attracts US money and a major component of REMX so a good one to watch IMO.
Mike Holt is a Senior VP, Wealth Management Strategist with The...
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