Rare Earth Minerals (#REM) - announces SRK appointed on Sonora Lithium Project
- 2015-03-17 00:28:36
UK 20:11 Monday, 21 September 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Entrepreneur Big Dave Lenigas has got into a spot of bother before for his activities on twitter. I accept that Mr Lenigas is enthusiastic about his investments but for his own sake he should get off twitter now. Pre-placing tweets about Rare Earth Minerals (REM just look wrong. And then there is the email.
I find myself feeling more like a bear or worse Victor Meldrew by the minute, Today I read the RNS feed only to find what can only be described as an odd release. Rare Earth Minerals (REM) announced:
I penned a piece on bulletin board favourite Rare Earth Minerals (REM) in July of this year at a share price of 1.65p and I called it to 0.5p because I reckoned the market had been overhyped on the lithium valuation. Ok, we didn't get the 70% tanking I was expecting but we did get a stonking 48% decline because the share price is now only 0.88p, proving my call was right.
Rare Earth Minerals (REM) is another David Lenigas company which divides opinion. Some think that its shares are a stonking sell - see HERE - while others think they offer real value - see HERE Why not watch its CEO Kiran Morzaria in video action at the UK Investor Show and decide for yourself...
Gosh I am bored of the Rare Earth Minerals (REM) valuation debate. How about you listen to a real expert on mining stocks explain how to value them and make up your own mind. Here is Amanda Van Dyke at the UK Investor Show 2014. She is not just a pretty face she knows her stuff.
I am not an expert so do not take this as a buy tip. If I was forced to be a bull or a bear I’d be a bull. But I certainly would not be selling this stock at 1.25p. James Parter was clearly RIGHT to say sell at 1.65p HERE, but at 1.25p?. Indeed I can see a case for having a very small flutter on Rare Earth Minerals (REM) now on a 2 week view.
After yesterday’s running verbal battle concerning my sell call on Rare Earth Minerals (REM), today I feel I have to follow up with more detail why I believe this stock is a sel. I came under fire for there being a lack of detail and thought behind my original piece. Although I disagree with this, I don’t mind spelling out what I am convinced Rare Earth is a sell at 1.65p.
If you’re looking for a share that is exciting to watch, then AIM-listed Rare Earth Minerals (REM) certainly fits the bill. This small miner with interests in Mexico, Greenland and Australia, hit the headlines last August with a meteoric rise from a low of 0.04p to a peak of nearly 2.5p in the space of just a few weeks.
Direct from the Queen Elizabeth Conference Centre a video featuring a UK Investor Show 2014 presentation by Kiran Morzaria of Rare Earth Minerals (REM)
David Lenigas, entrepreneurial Australian chairman of Rare Earth Minerals (REM), is waiting for imminent results of the latest drilling at the AIM-quoted company’s lithium and rare earths projects in northern Mexico.
As we all know, one of the big advantages of technical analysis over fundamentals is that when employed successfully you have timing on your side.
In the case of Rare Earth Minerals (REM), the advantage of such a technical approach could have meant that those who were lucky enough to have gone long here for the great August rally, decided to head for the exit around the 0.97p level at the end of that month.
Looking at the daily chart of Rare Earth Minerals (REM) since the end of August it is not difficult to imagine that every speculator in town is betting on when/if there will be a new leg to the upside. Fear not speculators…
Rare Earth Minerals (REM) currently has something of a hangover feeling as we recover from the champagne surge from 0.1p to 2.4p in August. But the champagne days are not over.
