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REE Automotive Ltd REE

REE Automotive Ltd is a technology company based in Israel. It specializes in the field of automotive technology and the production of EV platforms based on REE - REEcorner technology. They are located between the reason and the wheel and use x-by-wire to control full drive-by-wire, brake-by-wire and steer-by-wire.


NDAQ:REE - Post by User

Bullboard Posts
Post by umsurewhynoton Oct 20, 2010 10:38pm
257 Views
Post# 17590951

Don't forget IMT.V boys--another rare earth

Don't forget IMT.V boys--another rare earthexploring right around the North BC area where Spectrum is.

almost all rare earth stocks in Canada rallied today, with IMT, only a $2-3million mkt cap.

so watch how much it pops after they announce drilling targets after going over the airborne survey they just got a few weeks ago.

news flow expected soon.

could be a RES-type runner.

btw, RES is due for a pullback, just on a technical basis (charting), it's over-extended near-term.

And no, contrary to many on this board who think RES is about to be taken over, i don't think so, not with insiders selling the past few weeks---i think they wouldn't be selling shares in the open market if they had a feeling a takeover offer was a possibility.

look for a private placement soon, imo.
Bullboard Posts