Rare Element Resources
I would appreciate your comments on whether or not you like to see company information on our site.
Big Al
Korelin Economics Report- Weekend Show - Sat 25 Feb, 2012
- Kitco Radio - Fri 24 Feb, 2012
- Daily Insights - Fri 24 Feb, 2012
- Market Trends - Thu 23 Feb, 2012
- Daily Insights - Thu 23 Feb, 2012
- Daily Insights - Thu 23 Feb, 2012
- Daily Insights - Wed 22 Feb, 2012
- Daily Insights - Wed 22 Feb, 2012
- Daily Insights - Wed 22 Feb, 2012
- Market Trends - Tue 21 Feb, 2012
I find links to companies discussed quite adequate.
That usually gets me to the company website and fom there I can do my digging for useful real data such as habits of share dilution via options, whether insiders are buying or selling, etc. Then if the company passes that smell test I look at the location of assets, the concentration and quality of the assets the experience of the principal, etc.
E.g. for RES:Ca I saw that after he cashed in 30K in options, board member Stephen quinn proceeded to start selling off the shares and that he seems to make a habit of this. However, he appeared to be the only officer doing this, so I do not interpret this as negative for the company.
I would apprediate a discussion of the company’s experience with rare earth metallurgy, which is very tricky, next time you interview them. I have no problem with their gold experience.
I do own shares in the company and have done ever since Jim Dines first mentioned the coming rare earth shortage over a year ago.
The last word in my first paragrah above should have been pluralised. i.e. principals.
I also should not leave any reader the impression that because I own the share that I would currently advocate buying some. There is a time to buy and a time to wait and a time to sell, independently of the quality of the company.
For the last month RES.V has been relatively over-bought. From the beginning of July the shares have risen from $2
to $8 going from an RSI below 30 (oversold) to an RSI over 70. It is now probable that there will be a resting period or pull-back before the company rises significantly. In my best opinion a period of waiting and watching is in order. I will hold my shares and wait, not sell.