Post by
Stratocheif on Dec 15, 2020 11:50am
Webcast
Did you just hear his webcast.....the whole REE project will at best only result in a breakeven scenario for 2021 regarding costs. So what is all the hype about? Only by 2023 or maybe even later and with $175 million of capex will they be able to acheive a full scale REE operation. Why would i pay a high price for this stock today....no profits for 2021
Comment by
RazorRamone777 on Dec 15, 2020 1:19pm
Trying to talk the price down so you can get in? With all the globalist Liberals getting voted in, they will play the climate change game for all it's worth. Since we all know fossil fuels will be even more vilified in the near future, and we also know that solar, wind or any other pipe dreams can't come close to supplying even 30% of demand, nuclear energy is the ONLY answer!
Comment by
Stratocheif on Dec 15, 2020 6:42pm
True. And i know what you mean about daytrading this thing. It a real swinger....traded it a lot back in 2018. When they were producing vanadium and the price was back and forth between $4 and $5. Made a little money but it frustrated the sht outa me lol
Comment by
Snowballer on Dec 15, 2020 7:27pm
Yup. Stressed when ur in it, stressed when ur not lmao right now I’m wondering why I sold at the close but happy I’m long in my other account.