RE:HypeGood points. But all it takes is a stock being widely seen as a trading vehicle, which TMRC seems to be. Whether the company is a success or not is irrelevant--fundamentals aren't always important, although many actual investors do seem to see it becoming a winner. Re. Molycorpse, it was a textbook case of profound mismanagement--deserves a sidebar in every intro to management texts. By the way, its former CEO is now CEO of
NioCorp Developments, Ltd, trying to develop a rare earths mine in Nebraska. He moved onward and upward and shareholders were left with nothing. Lynas requiring Ucore to do its processing? Sure don't see that happening. But maybe Ucore's time will come.
https://investorintel.com/sectors/technology-metals/technology-metals-intel/lifton-on-why-molycorp-failed/