I wouldnt read too much into it - Lynas is up 70% in a month! ,...

I wouldnt read too much into it - Lynas is up 70% in a month! , by any measure it has had an amazing run without a significant pullback.

A minor bit of consolidation around these levels is to be expected and will aid in alleviating an overbought condition on the stochastics.

I feel that any consolidation or pullback will be short lived as the rare earths sector is well and truely booming at the moment.
Australian investors looking for exposure to rare earths dont have a whole lot of choice and Lynas with its strong cash balance, near term production and lack of major shareholder is certainly the number 1 rare eaths play on the ASX.

The rare earths story reminds me of the uranium boom and Lynas is the PDN of the sector - Now we all know how the PDN story went.....Definately a buy or accumulate on weakness stock in my view with plenty of upside to come.