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Re: None

Tuesday, 03/04/2008 12:22:42 PM

Tuesday, March 04, 2008 12:22:42 PM

Post# of 1950
Glad to see there is another venue for discussing Lynas other than Stockhouse. For some reason it is almost dead. I agree that the two drivers lately are the final construction approval and additional find. Volume began building on the 20th with the construction approval and really took off with the recent discovery. From a technical viewpoint I like that the recent spike came with much higher than normal volume. Right now it is in 'rare air' territory and a pullback to a rising support level in the 1.25-1.30 level would be normal. Trumping that would be any new news. I got into this as a result of a 'teaser', did a little research, and pulled the trigger @.53. If you follow Motley Fool, it has one thing that they like and that is the moat surrounding what they do. Not alot of people in rare earth minerals. It will be interesting to follow it to the production stage. It's also my only green stock the last few days.