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Rare earth names show strength, perhaps stemming from two Reuters stories overnight: Molycorp...

Rare earth names show strength, perhaps stemming from two Reuters stories overnight: Molycorp (MCP +12.1%) CEO Mark Smith told a mining conference that the company is on track to hit Q1 sales targets, helped by sharp price increases and collapsing volumes from China. Also: CHGS +34.5%, SHZ +20.3%, REE +13.6%, RES +13%, AVL +8.4%.
Comments (2)
  • This too shall pass as do all these stories into the fad-land garbage pit.

     

    Precious metals is one of those late nite infomercials.
    22 Mar 2011, 02:20 PM Reply Like
  • Rare Earth is Ipad of mining. You still can money in these stocks.
    22 Mar 2011, 03:10 PM Reply Like
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