Sparty
03-23-2011, 02:18 AM
The Wall St Journal published an article last night saying that Rare Earths are still hot and set of a firestorm of USA investor buying.
Several of our own ASX listed REE companies are also having a nice green day...
And LYC has given us a lovely image to show why the heat is in the kitchen....
http://www.australianrareearths.com/images/lyc-pricing.gif (http://www.lynascorp.com/page.asp?category_id=1&page_id=25)
I hold LYC
In late 2010 there was a concerted campaign by several writers in the financial services sector that in effect said that the REE were a mania.
I gained the impression that most of it was sour grapes and that a couple of writers in particular were reacting to having been caught napping. The down-rampers spread across into Sky Your Money Your Call and other online spruikers of "knowledge" otherwise known as opinion - based on little or no research....
I admit that I am getting a lot of satisfaction that we had NOT wasted our time or efforts building www.australianrareearths.com (http://www.australianrareearths.com/) a couple of years ago.
I'm also pretty pleased that I invested in the sector....
Several of our own ASX listed REE companies are also having a nice green day...
And LYC has given us a lovely image to show why the heat is in the kitchen....
http://www.australianrareearths.com/images/lyc-pricing.gif (http://www.lynascorp.com/page.asp?category_id=1&page_id=25)
I hold LYC
In late 2010 there was a concerted campaign by several writers in the financial services sector that in effect said that the REE were a mania.
I gained the impression that most of it was sour grapes and that a couple of writers in particular were reacting to having been caught napping. The down-rampers spread across into Sky Your Money Your Call and other online spruikers of "knowledge" otherwise known as opinion - based on little or no research....
I admit that I am getting a lot of satisfaction that we had NOT wasted our time or efforts building www.australianrareearths.com (http://www.australianrareearths.com/) a couple of years ago.
I'm also pretty pleased that I invested in the sector....