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Quest B-Zone Winter Drilling Intersects 143.2 Metres at 1.16% TREO Including 3.08% TREO Over 13.4 Metres, Strange Lake, Quebec
http://www.marketwatch.com/story/quest-b-zone-winter-drilling-intersects-1432-metres-at-116-treo-including-308-treo-over-134-metres-strange-lake-quebec-2011-06-02?siteid=nbsh
They're over on the MP board. I finally got one post up without being removed today, and perhaps this will be 2 but probably not, so I'm quitting while I'm ahead.
Ok, I'll try again...
Not only will I forever leave Ihub if my prognostication from the MDMN board doesn't come true, but this will be my last public Ihub post on both MDMN and CDCH boards until the JV is announced or perhaps my last post ever on Ihub.
I believe the latest rumors are accurate enough.
And yes, I do intend to honor what I have posted.
Just wait until the slow wheels of the big money turn in QRM's direction after they educate themselves on the difference between LREE's and HREE's. Then we'll see which stock gets the spotlight.
Looking forward to having a few hundred boardmarks here. Then you'll know it'll be time to think about selling.
Rare Earth Boom Shows No Signs of Slowing...
http://www.marketwatch.com/story/rare-earth-boom-shows-no-signs-of-slowing-2011-05-31?siteid=nbsh
This stock used to be a "Monk" play. If you're not familiar with what that is then just be happy about it, believe me. He told some of us wonderful stories about the great things that were going on behind the scenes. Talked a bunch of us into buying up hundreds of thousands of shares, then told us to take possession of certs, put them in the sock drawer, and that when the time was right all kinds of good things were going to happen. That's back when I was younger and dumber. Every time I asked (for many months) about what was going on with the stock I was always told not to worry about it. Monk had moved on to other stocks plays and that this would take care of itself in time. My cost basis on 200k shares was about .15. I managed to get my certs back into a trading account, just before all the brokers pulled the crap of not accepting pink sheet certs, and unloaded my position from around .08 to .04.
I don't know if anything legitimate is going on with the company, but I wouldn't touch this thing again until and unless I were able to speak directly to management and have a really good feeling about that conversation.
This will very likely be my last post here as I have no further interest in this stock. My best to the longs here.
You too massimo!
C'mon now Rick, you don't really think I'm buying that from a wordsmith like yourself, do ya???
Walking back from the gym today it was abundantly clear to see that college is most definitely out. Took me a bit longer to get home than usual.
I'm sure I'll find a way to enjoy the weekend
Massimo,
This debate has been kicked, beaten, hammered, shot, gutted, ground, eaten, digested, shat out and flushed on MP. I'm not taking part in anymore of it. Think whatever you like. Argue with whomever you like, but I'm done.
Hopefully next week this will be ancient history and we can begin to enjoy the fruits of our patience instead of the endless banter.
Enjoy your weekend as well. I hate weekends anymore!
Nice call Crusader. Onward and upward!
Nice close almost at the HOD and right on the upper downtrend line of the flag. Breakout on Monday? Would be nice to see $10.50 by next Friday. Enjoy the weekend longs...
The delay from that point has been internal banking issues. Are they resolved? Well, we don't have our money yet, so the only thing we know for certain is that they aren't resolved.
I'm all in as well. I don't like waiting but it is what it is. We have a JV agreement and as soon as the bank gets out of the way we'll have our money. It's that simple.
Enjoy your weekend.
Tick Tock.
We have a JV already. Sometimes things are true whether or not you want to believe them. Government and banking regulations are our only problem. You are welcome to make more out of it if you like, but you'll just be plain old wrong. Enjoy your weekend.
You're looking at the wrong chart then. I see a big old bull flag formed during a 50% retracement of a run to 9.30 from 4.17. Long term uptrend is very much intact. Nothing at all bad about this chart, imo.
GTSO Plans New Rare Earth Production as Demand from Green-Tech Applications Rises
New Report Predicts Rare Earth Demand from Green-Tech Sector to Reach 12,920 Tons Annually by 2017
http://www.marketwatch.com/story/gtso-plans-new-rare-earth-production-as-demand-from-green-tech-applications-rises-2011-05-26?siteid=nbsh
GTSO Plans New Rare Earth Production as Demand from Green-Tech Applications Rises
New Report Predicts Rare Earth Demand from Green-Tech Sector to Reach 12,920 Tons Annually by 2017
http://www.marketwatch.com/story/gtso-plans-new-rare-earth-production-as-demand-from-green-tech-applications-rises-2011-05-26?siteid=nbsh
If 7.32 doesn't hold here, (trend line support), the 50ma = 7.231. My guess is it doesn't hold but only because I would have expected more volume at a low point.
It'll come. The big boys on it now are probably laying low and trying to accumulate shares from impatient/frustrated retailers. I'm standing by looking to take advantage of any weakness, which I bet institutions are doing as well. Just a hunch.
Agree wholeheartedly Crusader. Usually I am a futures trader and I'm normally in a trade for seconds to a couple minutes. But, when I invest, I do so with my eyes set on a fairly far off horizon. All of these few dollar swings are great for swing traders, but the big money is made by keeping ones eyes on the big picture, and the big picture here has the great potential to get much, much bigger. We are nowhere near the end-game here... still just the beginning.
This is my opinion, so take it for what it's worth...
but so far I see the trading in our stock here as a potential indication of what the near future direction might be for commodities in general, which is down. I'm sure that there are funds with QRM on their radar. Big money has access to more information than ma & pa investor. If they aren't loading up on a new issue with the prospects that we have here, then they are expecting lower prices.
Again, this is my opinion, which I am perfectly willing to be wrong about. I have my position here and will be more than happy to buy lower if I'm proven right...and higher if proven wrong.
I believe that Quest will prove out to be one of the best investments in its sector over time.
If I'm right, I'll be buying more in the low $6's and mid $5's. I hope I am!
I see a lot of negative posts about all the time it's taking and how can one really expect anything to come of this. Anyone who knows basic TA knows that something very positive is going on here and if you can't see it, then you need to learn charting instead of depending on someone else to tell you about it.
Here's a hint... with all of the so called share printing that is going on here, how come the price doesn't seem to want to spend much of any time below .09?
Believe what you like. I KNOW WHAT I OWN!
Long & Strong! KNOW WHAT YOU OWN!
Thank you. We'll see how it plays out, but a nice looking chart thus far.
Long & Strong here. Know what you own!
I've been all-in for several months, although I think I added a little in the midst of adding to MDMN. Every price this and MDMN have traded at in the past decade is going to look like a good entry point once we get this announcement. Let's hope the rumors are true this time. I'm liking what I've been reading.
Beach time for me now.
Well that doesn't sound like fun!
I'm up to 109 million in my sim account, along with 371M MDMN. I'm hoping that maybe IB gets confused one of these days and allows me to make money transfers out of it into my bank account.
I've seen it a lot, especially with CDCH Funky. Someone probably sold 50k shares at the bid and the MM's simply sent them on to you at .11.
Man I wish I had more dry powder! I'd be buying more C & M today if I could!
Agreed.
If by "Goldman" you mean "Sachs", then you should read between the lines and search for their agenda.
Today might be the bottom of the oil/silver/gold/commodity drop, or it might be just a short term bottom. Depends upon how low the manipulative market bastards want to take them. Either way, I love this drop! I never thought I'd be able to buy back in this low. Many are betting QE3 is coming, although they may present it to the world in a different wrapper.
I honestly don't know. Is it as simple as maintaining a certain share price for a certain number of days or...?? I get a headache when I try to read about that stuff. That's why I prefer to watch my pretty colored chart squiggles! LOL
BTW... added @ 6.52 as stated yesterday. If she goes lower, I'll add more. This and REE are my two fav REE's for the looong haul.
Might be better to wait now until the commodity drop settles out. No sense putting out good news when the sector is getting squashed, imo.
Close enough to the 50ma to me. Back in @/under $7.05. Will add if we see $6.50's to $6.