RE:A thought and ChallengeI won't challenge your thought and I agree with your insight!
The biggest challenge for any Rare Earth Company to gain traction from the investment community is to regain trust from retail investors who had their A$$ handed to them on a platter a few years back when Rare Earths became the darling of the investment community only to falter into oblivion soon after.
Of course, China had all the trump cards at that time and thanks to their hissy-fit with Japan and their denial of RE , the world became paranoid of the future implications of the monopoly that China had. After this episode, China began to flood the market with heavily subsidized RE that proceeded to bankrupt most producing Companies outside China.
I took a position in this Company with the premise that China has played out it's trump cards and that their threat of denial of RE products will put all nations on notice that self sufficiency is imperitive.
I am quite amazed as to how quickly the share price has cratered in the past 2 trading days. It signifies (to me) that the rise and fall of share price has been 99% instituted by the Banksters with little retail involvement.
This situation should change shortly.
GLTA
LidLid wrote: A move by China to cut rare earth exports could hit America hard, but how quickly China to move is less certain. It all depends on what steps the U.S. takes next and whether it escalates tensions by slapping tariffs on more Chinese exports. If the U.S. keeps on escalating the trade war, China will continue its retaliation, including to ban REE. The signals that a ban on rare earths could be coming as Mr. Xi visited a REE mine last month. Last week, a strongly worded in the People’s Daily of “Don’t say we didn’t warn you.” indicates REE ban is in China’s hands.
Despite ban or not, US needs its own REE supply chain for the national security, and US law makers fully understood it now. Since Molycorp did not control its environment impact very well in the past, both government and public have some concern is understandable.
Now, with the new technology of MRT, separation is more efficient and environment friendly, with Oil sand froth, the feed is the lowest cost possible. A supply chain will build for certain, it will start here by Ucore. So the up and downs of following REE ban is just back ground noise, no one should die from it. Knowing who has what in advantage is the key to make right decision in investing about REE. Ucore, after moving Steve to the roadside trench soon, will have the best separation technology of MRT, partnered with MOSP of Suncor, guaranteed the source for lowest cost of feed of Oil sand froth.
By the knowledge I possess, I could not find anyone else has better chance than Ucore does. If anyone out there can point out someone is better, I am more than happy to have a discussion with you.