RE: RE: Potential Good Opportunity True, the investment would be "dead" for few years, but thats the opportunity cost you have to take if you wanna take a bit risk for extreme high profits (potential).
Not that I am putting all my eggs on GEM basket, but don't mind a small chunk of money sitting there for a higher potential, worst case scenario I would not loose sleep should I loose that money.
But look at the flip side, in the event the company goes into production (they do have enough reserve to go to production, all they need is proper permits and finanancing), then this stock can easily be 2-4 dollars.
Only external threat is if china loosen its grip on its internal REE market, but again just like everything, there will be some sort of risks associated with any investment.
The thing I like about Pele is, the management seems very focus on its REE prospect, regardless of what people think of Al Shefky, all i care is if the Mgt has any plan and it seems Pele is adament with its REE.
And in case the company doesn't make it to production (unlikely), then still you can make some money at 15-20 cents.
Just my honest and researched opinion on this company.