...doin' time on planet earth...
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MAXD CEO Greg Halpern has initiated class action lawsuit re: illegal shorting of shares. This will have a far-reaching, positive impact for all OTC companies— spread the word
90% of all OTC’s are down since 3 weeks ago. If you believe this is a POS, sell. I believe otherwise
You do know that `Ask Warren HQ’ is a parody account (an acct just for fun), right?
...last day for sub-.03 cent PHBI shares...
"nothing" really? Then why is $MAXD on Qualcomm's site:
MAX•D: A Complex Hardware Upgrade Becomes a Simple Software Upgrade : https://tinyurl.com/q9kaec3
Someone here clearly needs to basic DD instead of spreading misinformation
Any idea where the bottom might be once dilution stops? Thanks BigB111
Thanks. Same to you
Hey Think1st, what news is expected tomorrow? Thanks
$MAXD gonna close GREEN today
Congrats! Smart $ Buying down here
Thanks. I agree BRTX is clearly a winner
MAXD beautiful Green day today
Got me some sweet cheapies: Buy 150,000 BRTX @ 0.0157 Filled 1:01pm ET 2/24/2021
Site, link?
How’s it going, anyone here have the latest update on DD, including S/S on BRTX? Thanks a lot
Thanks! Nice to see HENC waking from its winter hibernation
Stranger things have happened ; )
Same : )
MAXD
Shorts gave MAXD a red close today, would’ve been green by @ least 10% otherwise
Can’t stop WON’T STOP $MAXD here’s ANOTHER huge Twitter acct:
$MAXD load this dip you will thank yourself later. pic.twitter.com/9LQDvfMIXK
— KingShard (@KingShard1) February 22, 2021
$MAXD is consolidating beautifully ...major Northbound breakout eminent
Another MAJOR (16K Followers) Twitter Acct picked $MAXD: Canadian Jennifer, $MAXD “Bullish/ Buy validation on the 5 day chart.”
$MAXD bullish/ buy validation on the 5 day chart. pic.twitter.com/TXRxTO1WRO
— Canadian Jennifer 🇨🇦 (@cdntradegrljenn) February 22, 2021
$MAXD Top 3 Pick! 10K Twitter Followers can’t hurt
💎 TOP 3 FOR MONDAY, FEBRUARY 22, 2021 💎$MAXD$ETFM$RLBD pic.twitter.com/y9pmjpZunX
— Pennies2Riches 🌐 (@GeniusTrader777) February 22, 2021
I’m amazed $MAXD is still flying under the radar! It’s basically $HCMC, they have Lawsuit against Phillip Morris, MAXD has Lawsuit against Google, but MAXD has a much better S/S
Let’s not leave out the 39 Million shares the CEO bought too
Sorry, you’re wrong: https://stocktwits.com/GoodTidings/message/292527673
True
My .0001’s still look purdy
Bullish Tailwinds May Continue To Fuel Rare Earth Rally
Feb. 13, 2021 5:01 AM
VanEck Vectors Rare Earth/Strategic Metals ETF (REMX)
Summary
Rare-earth and strategic metals have risen over the past few months due to a developing shortage.
Last year saw a slight decline in the production of rare-earth metals due to COVID as well as increased demand due to the electric vehicle boom. The rare earth miner ETF REMX has doubled in value in recent months and may still rise higher due to its relatively low valuation.
REMX has considerable exposure to China which creates geopolitical and monetary risks.
Rare-earth miners are a riskier and more speculative bet, but this rally has legs.
The past few months have seen extreme action across the financial market. There has been a boom in clean energy stocks as well as the commodity market. Specifically, the rare-earth commodity market. This rally is tied to clean energy due to the fact that rare earth metals are a key component in solar and batteries. Additionally, there has been a shortage of rare earth metals due in part to the fact that most come from China.
Since November, the VanEck Rare Earth ETF (REMX) has more than doubled in value. I covered the fund toward the end of 2019 in "REMX: Stability Returning To Strategic Metals" and gave the ETF a bullish outlook based on what appeared to be growing geopolitical tension and risks. The fund has risen 120% since the article was published. Before then, most rare earth commodities were in a significant glut which caused low prices and negative cash flow for most miners. Today, the story is far more bullish.
Battery metals such as lithium and cobalt have seen among the strongest recent performance. The performance of these two key electric-vehicle metals is reflected in most of the other rare-earth metals including molybdenum, neodymium, rhodium, and manganese.
The boom has been a saving grace for REMX which was at high risk of fund closure when I covered it last due to years of abysmal returns. The fund has seen its AUM skyrocket and its price has returned to 2018 peak levels.
Importantly, most rare-earths are still a bit below peak 2018 levels. Lithium was just above 150K CNY/T at its 2018 peak and trading at just below half that value today. The same is true for most of the other strategic metals. The breakout is a great sign, but there are a few key risks in the market that REMX should have in mind.
How High Can Rare Earths Rise?
Unlike most industrial and precious metals, strategic earth metals are extremely rare. While this is obvious given their name, it is important because rare earth metals can rise to extreme levels in a shortage. Such is the case for rhodium (used in catalytic converters ) which has risen by around 400% over the past three years.
The recent boom in rare earth prices is due to increased demand for electric vehicles and similar items that are rare earth intensive. Additionally, around 85-90% of these metals come from China, so the COVID shock last year created disruptions that exacerbated the current supply-demand imbalance. Obviously, the strategic and rare earth metal markets are much more opaque so it is difficult to estimate the shortage today, but in the recent past, China has flirted with cutting rare earth exports in order to harm the U.S economy. If the situation surrounding Taiwan continues to escalate, then it is possible this threat returns.
While the recent rally has been nothing short of spectacular, strategic and rare earth metal prices are still depressed today. Most are trading well below their long-term highs which occurred during the 2010-2012 metal bull market and/or the 2016-2018 bull market. Put simply, they could have a long way to go higher. Particularly if demand for green technologies continues to rise.
For the time being, it seems very likely that the shortage grows. However, if there is a large economic decline that causes consumer and commercial spending on such items to decline, then the bull market could end. This is a risk to keep in mind considering the global economy remains in a precarious position today. That said, the fundamental outlook for rare earth and strategic metals prices remains bullish.
A Look at REMX's Holdings and Value
It is important to keep in mind that about half of REMX's holdings are located in China and only 10% are in the U.S. A rise in geopolitical tensions may be bullish for the metals, but it could be deadly for the mining stocks in the fund. Even more, REMX carries a 42% exposure to the Chinese yuan which has risen over the past few months and I believe may reverse since the liquidity shortage will likely be cleared. Again, this gives REMX possible negative exposure to geopolitical tensions even though metal prices may have positive exposure.
The companies in REMX are exposed to a wide variety of metals. Most notably, cobalt, molybdenum, lithium, tungsten, and titanium. Demand for these metals is strong, particularly considering clean energy vehicles (including both electric and catalytic converters) are expected to see much higher demand over the coming decade.
Despite the gains, most of the companies in REMX are not overvalued. The fund has a weighted-average "P/E" of about 20X which is not high. Its forward earnings will likely be considerably above TTM earnings due to the recent rise in rare earth metal prices, so its valuation is quite low. Still, "normal" valuations in China are far below that of the U.S. The Large-Cap China ETF (FXI) has a "P/E" of 17X while the S&P 500's is above 30X.
Despite its tremendous rise, I still believe that REMX is undervalued. Its price-to-earnings is on the lower end of the spectrum considering miner earnings will likely rise significantly over the coming quarters given metal prices today. If rare earth and strategic metal prices rise even further, which I believe is likely, then the fund is very inexpensive.
The Bottom Line
Overall, REMX seems to be both a value and growth opportunity. The outlook for rare earth metals is strong and the companies in the ETF are potentially undervalued. Quite frankly, I would not be surprised to see the ETF rise over the $100 level and possibly onward to $130-$160. This would give it a weighted-average "P/E" of 31-38X, obviously, a high valuation but fair given the outlook for the commodity market.
Now, there are very important risks to consider which may upend my bullish outlook. First, there is an effort to increase the production of rare earth metals outside of China in order to reduce dependence. This could flood the market with new material and cause supply to outstrip demand. Second, demand for these metals could be hampered by the weak global economy as consumers and businesses look to reduce large spending. Third, the most profitable and cheapest of the companies in REMX are situated in China. This creates geopolitical risks that could cause a decline in sales or currency volatility which harms REMX. In my opinion, this is one of the most important risks to consider in the face of today's immense geopolitical uncertainty.
$RITE
Here ya go, Guy Peckham CEO of $RITE email addresses: guypeckham@gmail.com ; info@mineralrite.com
Just joined the $FBEC club w/ 1/2 mil shares
Thank you Zardiw, excellent work as always
Just released today from Mining.com: US mines produced $82.3 Billion in minerals in 2020
MINING.com
February 3, 2021, 3:17 pm
US mines produced approximately $82.3 billion in minerals in 2020— about $1.5 billion lower than the 2019 revised total of $83.7 billion, the U.S. Geological Survey announced.
The $82.3 billion worth of nonfuel minerals produced by U.S. mines in 2020 is for all nonfuel mineral commodity production, USGS found, including industrial minerals and natural aggregates as well as ferrous and nonferrous metals.
The estimated value of U.S. production of industrial minerals in 2020 was $54.6 billion, about 4% less than that of 2019 while US metal mine production in 2020 was estimated to be $27.7 billion, 3% higher than in 2019.
The principal contributors to the total value of metal mine production in 2020 were gold (38%), copper (27%), iron ore (15%) and zinc (6%).
THE US RELIES ENTIRELY ON IMPORTS FOR 17 MINERAL COMMODITIES, 14 OF WHICH ARE IDENTIFIED AS CRITICAL MINERALS
“Industries—such as steel, aerospace and electronics—that use nonfuel mineral materials created an estimated $3.03 trillion in value-added products in 2020, which represents a 3% decrease from that in 2019,”
NMIC director Steven M. Fortier said in a media release.
According to this year’s report, the US continues to significantly rely on foreign sources for many raw and processed minerals. In 2020, imports made up more than one-half of U.S consumption for 46 nonfuel mineral commodities, and the U.S. relied entirely on imports for 17 of those. A number of these imported minerals are key materials for renewable energy generation and storage, and for infrastructure technologies.
In 2020, the USGS and its partners published a new methodology that evaluated the global supply of and US demand for 52 mineral commodities from 2007 to 2016.
Of the 35 minerals deemed critical to the economy and national security in 2018, the new methodology identified 23 mineral commodities, including cobalt, niobium, tungsten and others, classified as rare earth elements (REEs), as posing the greatest supply risk for the U.S. manufacturing sector.
The US relies entirely on imports for 17 mineral commodities, 14 of which are identified as critical minerals. Another 14 critical mineral commodities had a net import reliance greater than 50% of apparent consumption.
Due to reduced industrial consumption as a result of covid-19, net import reliance for many commodities was lower than in previous years, The largest number of nonfuel mineral commodities with a net import reliance of greater than 50% were supplied to the U.S. from China.
US production of 12 mineral commodities was valued at more than $1 billion each in 2020. These were, in decreasing order of value: crushed stone, gold, cement, construction sand and gravel, copper, iron ore, industrial sand and gravel, salt, lime, phosphate rock, zinc and soda ash.
In 2020, 12 states each produced more than $2 billion worth of nonfuel mineral commodities. The states, ranked in descending order of production value, were: Nevada, Arizona, Texas, California, Minnesota, Florida, Alaska, Utah, Missouri, Michigan, Wyoming and Georgia.
Glad to have you on board Q7! Your time & efforts are appreciated. Another excellent day here
$RITE
Nicely done on getting in early; we’re OG $RITE holders
Ello `mate’ I must say we look $RITE nice in green ; )
Right Lol
I suggest everyone here take 30 secs to look @ Wealthy Buys post history— all he does is bash stocks. He even bashed $WDLF LOL
I bought $RITE months ago @ .0001 The “bag” that I’m`holding’ is filled with money ...LOT$ of money
$2 million! You have any advice on $HCM€ (they have a lawsuit against Phillip Morris), I’m pretty confident it’s going much higher