RE:RE:Long time holder... Hey everyone,
I am honestly baffled by the reaction to the news. This is the best news we could've hoped for is it not?
First off, they've said that the amount of material they can feed through has increased more then originally thought. Also, they've stated that we can process other materials! So when they have processed all of their rare earth materials, they can switch over to the other material and process that until they get more feed. Then repeat the process.
Why anyone would sell at this point is beyond me. Nick has probably scared a few people in his posts, but really it's just one guy sounding off. They released their news on October 1st, ya a bit behind, but not that bad! As well, the delay was most likely because of the added numbers!?
People question if the rare earth run is over, but I'm sorry, it's not. China/US might do a deal , that's fine, not great for the rare earth price's, but there's companies out there that will chose to buy our stuff because it's green/clean, coming from a reputable source.
Once the news continues to move, eventually people will wake up and start buying. All we need is someone to buy 100K shares at .13/.135/.14 and we are going to start moving.
Anyway, I'm still wondering how this didn't move after the news. Maybe Howard Group can start finding some buyers after the great news that was just released?
Cheers,
Shelbs