Re: Halted.....oh,oh

Discovering and developing the mineral wealth of Northern Ontario

Pele Mountain Resources is focused on the sustainable development of a rare earth processing center in Elliot Lake, Ontario, at the same location as its Eco Ridge Mine Rare Earth and Uranium Project.

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redgreen9

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Re: Halted.....oh,oh

in response to

Re: Halted

Notie Girl

posted on Mar 06, 2012 09:22AM

They`re playing in Molycorp`s territory now.Just check out MCP if you want to see the definition of volatility.

I was day trading MCP for a while due to it`s volatility and it was just pure luck i didn`t own any when it dropped from $55.00 to $25.00 overnight.

China exports 95% of the Rare Earth Mineral to the world,so i thought i`d gamble a bit on a North American supply.Made some money but like i say,just pure luck i didn`t get caught in October.

MCP`s got some losses to recoup.Not sure why they`d let this property pass them by if it`s worth anything.