Wall St Journal REE still hot! LYC basket pricing shows why

[Sparty]

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....



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 a couple of years ago.


I'm also pretty pleased that I invested in the sector....