Hudson Resources Inc (ANORF)

[BullionNation]

China Resumes Rare Earth Shipments...
Hence the haircut in the prices across the board today in the sector.
http://www.nytimes.com/2010/10/29/business/energy-environment/29rare.html?_r=1&src=twt&twt=nytimesbusiness

I'm out at $1.39 for a small loss. Too bad, because if China didn't resume today we most certainly would have broken out into a new high $1.59+.

Still a nice promo piece going around regarding this company, and drill results are due next week I believe. I just think unfortunately this will be dragged down a little with the entire sector. I still believe this is perhaps the most undervalued Rare Earth play in the market.

I will be watching EXTREMELY closely at the price action and may end up chasing this one...

edit: Don't be surprised if China halts shipments once again after the sector cools...I'm sure they have investors making money on these decisions...big time. Again, I will be watching HUDRF extremely closely as I know I'll buy back in at one point.