RE:Over $4.50
Merry4me,
Remember also that Molycorp was trading in the $60-70 range back in 2011 (it is around $1.75 today).
Same for Lynas corporation which was trading in the $2.50 range back in 2011 on the ASX ( around $0.16 today)
Obviously all stories are different and it is not easy to explain all the reasons why these companies went down like that.
I think however that a lot of posts were correct when they mentionned that the key was the separation. GMA still has it ressources (we will even get an update presumably even better than before), but (almost!) no one cares. I think that the market remains to be convinced that a REE company can be profitable.
What strikes me though is that up until now, even though GMA may have the tech that is a game changer, I do not see a lot of apetite from investors for the shares of GMA.I do not see analysts discussing GMA. I hope that the long awaited new(s) report that will come out change the whole scenario and that we see more actions.
Moulouk