RE: Strangeometek:
"I dont think UCU needs to take in money atm, I dont think drillresults have been leaked, so what up?
UCU is the only REE stock at minus today.. strange I think.
Any thoughts?"
Yes, I have thoughts on the matter. I believe a hedge fund took a big bet against UCU, and they are hoping to get out now, but they are so far in the red, they are hoping to push it back down before they cover their short. Problem is they are getting the wave of purchasing against their short. It could be a paired trade, that is, buying one rare earth company and shorting the other. This will backfire for them if they continue to hold this trade as Ucore has much more upside than the others for anyone who has done their due diligence. There are at least 500,000 share short against UCU, but I'm expecting in this last week that could have doubled.
What you will likely see (eventually) is these jokers realizing this short was a bad idea and they will exit it, which will cause a HUGE SURGE in the share price, and volume like we have not seen in a long time. UCU will play catch up, and then some. You want to be in before this coiled spring POPS.
Good luck to all,
x
P.S. - Have no fear, 43-101 is on the way, and will be released as soon as it is available.