Aug. 20 at 1:05 PM
$NB I get the short term chartists, day traders, options folks making moves based on the volatility of the stock. BUT, for long term investors, I continue to be amazed that news about China Rare Earth sales to US companies moves the market. First, China was going to suspend sales, now they have resumed sales, temporarily, under great pressure from the Trump Admin. Trump is buying time to allow American producers to ramp up, just like they are doing for pharmaceuticals, steel, cars, chips, and so on. American Rare Earth production will compete against China, with favorable tariff and tax treatment. And unlike some of the other fledgling American Rare Earth efforts, NioCorp has Scandium, Niobium, and PERMITS. Should be a slam dunk!