Replies to post #452 on American Resources Corp (AREC)

[starkd748]

ELLIOTT WAVE counts...Wave 3 was the immediate top wave 4 consolidation now

[RandyKCMO]

I’m more of a story guy than a charter. Each of the waves correspond to new business developments. AREC’s meat and potatoes is metallurgical coal. In fact the company has projected $100 million in revenue for 2021.
The kicker for AREC is the recycling and rare earth minerals. I’m more sure how much revenue they will generate, but the market responded quite favorably to the news.