Niocorp Developments Ltd (NB)

[PutzMueler]

It was nice of you to allow me to DD the three sentences, that came before your quote.

******
The three sentences.
“And I soon realized I wasn’t the only one starting to pick up on what was happening.

“Hours after the law went into effect, Warren Buffett’s Berkshire Hathaway committed a multibillion-dollar investment to this sector.

“And they were far from the only ones. This sector is up over 160% from 2020 and cash flows have eclipsed $5 billion, a 13x increase over the past two years.”

**************
You posted, Thanks
"To be clear, Berkshire Hathaway has not committed a “multibillion-dollar investment” to rare earth minerals production. Berkshire Hathaway Energy spends a lot on energy storage and “green” energy projects, including big wind farms in Iowa, and they have ancillary connections to a lot of rare earths projects — they’ve bought a lot of Occidental Petroleum stock, for example, and Occidental has in the past had some properties that have rare earths deposits (as have most oil companies, a legacy of the days when they found most of the uranium deposits in the US), and Berkshire’s largest investment is in Apple shares, and Apple is certainly interested in batteries. It’s very indirect, but people love to try to attach Buffett’s name to anything they’re touting."
****************

My Opinion
""To be clear, Berkshire Hathaway has not committed a “multibillion-dollar investment” to rare earth minerals production"
But it is a good bet they will be one of the winners in the sector.
****************
https://www.stockgumshoe.com/reviews/matt-mccalls-megatrend-investor/revealing-mccalls-the-top-six-rare-earth-stocks-to-buy-in-a-bear-market/
****************
just keeping things on the level for readers