Spotlight on American Rare Earths, page-3661

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DingoUgly

703 Posts.

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21/03/24

09:43

Post #: 72988203
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Originally posted by Rthek: ↑

Resource estimate increase announced on the 7th Feb, SP closed the day @13.5c and no movements for next 2 days, then US markets moved, ASX kept following. I am puzzled to how ASX response to announcements, it is not only to ARR, several examples I have seen. There are cases where they fly on no news. In the case of ARR there is the US market, so not as doomed as many others. Although I am not knowledgeable to read/interpret mining reports like the experts here, I am getting a feel that this resource (the so called 25%) is to last 150 years mining. Mine it 5 times faster for a 30 year life which still seems excellent. However, my one real concern is that why no one significant is noticing ARR (includes, US government, Defence, other smart investors etc etc). The intent of my discussion is only for the common interest of all of us here. The market manipulators probably have their own communications and may have their presence here, but I hope we can still share valuable insights to drive the market to be a bit more fair.

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Those govt depts you mention wont chip in until down the track once its derisked a little more.
Take ARU as an example, they've had small leg ups by govt along the way but not until this month did the govt give a leg up of AUD $700m.
Fear not if ARR fire, the govt will do a lot of the heavey financial work.

ARR Price at posting: 29.5¢ Sentiment: Buy Disclosure: Held
5 Upvote

2 Great analysis

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