InvestorsHub Logo
Followers 5
Posts 1608
Boards Moderated 0
Alias Born 09/17/2009

Re: moores2009 post# 21909

Tuesday, 12/28/2010 1:34:15 PM

Tuesday, December 28, 2010 1:34:15 PM

Post# of 37347
The pricing of RE's are a bubble from everything I have read,, 1st you have to keep in mind that Rares Earths are not rare at all,, THey are just messing and expensive to process, the ore its self is the cheap part of the deal.. imo the bubble is MCP it's self, if you read their 10q,, at this pps they are decades ahead of earnings.... There are mines all over the world that can get fired back up soon,, and were shut down because China was selling RE's so cheap and was not cost effective to mine, as the price may be up in the short term, they will not last as more and more production comes online...

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.