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Sold $1.36 (1000)/ 2000 to go higher, soon hopefully
Not yet. Got some $1.24s average about $1.30s
Anything under is pure $
Did you get a fill at $1.23?
I’m still trying to get $1.23 but it’s up from here I think.
GL
I’m back in at $1.27. Good luck to all of us!
$1.31 filled
Extended has it at $1.42 nice!
Great chart!
Will definitely take another position when it takes another break.
Absolutely! Another favorable swing trade outcome for me. Time for a pullback so I can get back in for another trip to the bank.
They name companies all over Africa but a domestic auto company is somehow top secret. It sounds like they have contracted to receive old EV motors and maybe batteries. They could have contracted for 10 a year for all we know. The market is betting the value of the contract is insignificant.
Lots of talk and great PR’s but very little in the way of actual revenue and results.
Like you say, until they an actually put up some solid results and earn some trust in being able to execute it will be more of the same.
Murocman
ReElement Technologies partners with domestic Auto manufacturer and crickets. Nobody trusts this management team.
$1.27 filled! Keep on coming down.
I have seen developments in the last couple of years, some were underreported. (Uncommon that you dont see a company out misleading shareholders).
Ownership of powerful resources is important in these times.
GL
Blessings
The question is, can AREC?
So far lots of talk but no production and no revenue.
Murocman
$1.31 is a sweet spot in my opinion.
How many companies in the US are left that can produce these important resources?
Loss of .14 cents per share forecasted for 3rd qtr. That will not go over well.
Yup. Wash. Rinse. Repeat.
Well done!
You know I always come back for more.
I’ll take that double digit gain and wait in line for another ride. Thanks!
Almost gone again.
AREC never disappoints
Less than $2 million in sales for Q2! Is that a typo?
Upcoming 2nd qtr results must be terrible. Those in the know are dumping.
American Resources Corp NASDAQ: AREC
GoSymbol lookup
Energy : Oil, Gas & Consumable Fuels | Small Cap GrowthCompany profile
American Resources Corporation is a supplier of high raw materials to the new infrastructure market. The Company is focused on the extraction and processing of metallurgical carbon, an essential ingredient used in steelmaking, critical and rare earth minerals for the electrification market, and reprocessed metal to be recycled. It has a portfolio of operations located in the Central Appalachian basin of eastern Kentucky and southern West Virginia. Its subsidiaries include American Carbon Corp. American Carbon Corp has seven coal mining and processing operating subsidiaries: McCoy Elkhorn Coal LLC, Knott County Coal LLC, Deane Mining, LLC (Deane Mining), Wyoming County Coal LLC (Wyoming County), Quest Processing LLC (Quest Processing), Perry County Resources, located in eastern Kentucky and western West Virginia within the Central Appalachian coal basin, and ERC Mining Indiana Corporation (ERC) located in southwest Indiana within the Illinois coal basin.
Based on today’s close I expect the 1st qtr results to be a real clunker. They’ll miss revenue expectations and have a greater loss than expected. With this company it’s always better to take the under.
Absolutely getting back in for another trip to the ATM!!!!
How you holding up Randy?
I pray all is well with you and your.
Thoughts on the recent filings?
Looking tasty, thoughts?
I also took another trip to the ATM. See you at the next dip.
I am also loading up at the current price level.
While Jensen is vacationing in Africa, this was posted yesterday.
A quarter of all cobalt used in Apple products came from recycled material in 2022, up from 13% a year earlier, Apple said.
How much of that recycled cobalt came from AREC? Zero.
$1.30 could be the high for the rest of the year.
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