I think it is because of CFE. Russian getting in and pushing CFE sp up. If they are worth $455 million then FXR is going up on nearology. Not on performance. Mute point whether they are oversold or not.
Although FXR do have some outcropping Fe ore, but they are 5-10 years off anything real. At least CFE you could mine in 1-2 years after they build a processing plant.
FXR has everything in front of it, and that means alot of hard work.
I think people are way too bullish in the face of adversity. It has not worked in the past and I see no reason for it starting now.
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