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Re: jcort post# 1792

Friday, 02/17/2017 8:34:30 AM

Friday, February 17, 2017 8:34:30 AM

Post# of 1950
Yes to what you said about China cracking down on illegal mining and Northern Rare Earth Group (China) increasing their prices for NdPr, Ce and La oxides.

There was also recent Chinese state stockpiling.

Add the fact that rare earths are finally coming out of a severely depressed commodity cycle.

REMX index has increased its stake in Lynas in the past few days making it the #1 company in the fund's holdings.

There is also a marked increase in rare earth demand outside of China. Lynas is uniquely positioned to take advantage of all these recent developments.

Glad to see someone actually interested in the reasons for the recent Lynas price increase instead of simply pumping the stock.