Seeking Alpha

Rare earth miners take off

  • Rare earth miners Rare Element Resources (REE +12.9%), Avalon Rare Metals (AVL +3.7%), and Quest Rare Minerals (QRM +11.7%) have joined Molycorp (previous) in rallying sharply. Equity markets have doled out plenty of punishment to the group this year.
  • SA contributor Hawkinvest has provided a bullish write-up on Molycorp, arguing a short-covering rally could take place in early 2014.
  • The Rare Earth/Strategic Metals ETF (REMX +0.7%) remains down 32% YTD.
Comments (7)
  • Deanhan24
    , contributor
    Comments (15) | Send Message
     
    Rise AVL. Looking forward to a great 2014 with Avalon Rare Metals!!
    27 Dec 2013, 05:05 PM Reply Like
  • Ninja Trader
    , contributor
    Comments (742) | Send Message
     
    Long AVL and TRER.
    27 Dec 2013, 06:54 PM Reply Like
  • tireofspam
    , contributor
    Comments (8) | Send Message
     
    AVL is more or less a scam. They have not dug a hole in years.
    27 Dec 2013, 07:16 PM Reply Like
  • Blackbrit
    , contributor
    Comments (52) | Send Message
     
    Does anyone care to explain - or hazard a guess as to - why the pop occurred in the Rare Earth sector?
    27 Dec 2013, 07:37 PM Reply Like
  • Ninja Trader
    , contributor
    Comments (742) | Send Message
     
    Blackbrit,
    Click on "Hawkinvest" above. Bullish article was written about possible short covering in January. The "pop" is sector related.

     

    tireofspam,
    Referring to your username..."Kettle calling the pot black" much?
    27 Dec 2013, 10:32 PM Reply Like
  • Blackbrit
    , contributor
    Comments (52) | Send Message
     
    Ninja Trader,
    Thanks for the reply...
    28 Dec 2013, 08:58 AM Reply Like
  • Maximus 2
    , contributor
    Comment (1) | Send Message
     
    Check out REE and it's patented ore process. Shipping 90% pure ore is a game changer.
    30 Dec 2013, 07:05 AM Reply Like
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