Deep sea rare earths

Just became long LYC at $0.98/share today.

If things go south, I'll hold out for LAMP going online in 4Q, should generate some buying interest.
 
Did you notice that Lynas got their debt funding and so the JPMorgan downgrade of Molycorp is effecting Lynas unfairly I assume. Maybe Lynas did get over heated +$2 share price, but at these prices Lynas looks great.

The only real downer is the volitility of lynas - it can move 40% in one half day of trading (up or down)
 
Roswell I think you are in a good possition for this stock, I think it may return to just over $1 (could trade less intraday) but ill be looking to buy more if the recent strength doesnt hold up.
 
WHATCH OUT LYNAS is gonna TANK! :)

It held at $1 - get a feeling it might test 50-80c ! dont quote me but this stock doesnt have a lot of sure support levels under $1
 
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