Rare Earth Nuggets From an SEC Report
Rare earth stocks such as Rare Element Resources REE, Molycorp MCP and Avalon Rare Metals AVL have been hot. Some bulls on these stocks have justified the valuation of some of the companies based on the estimates of rare earth deposits in their properties. In their zeal, bulls seem to have ignored how unreliable such estimates can be. And how rapidly prices can fall.
Rare Element Resources has just filed a 10-Q with the Securities and Exchange Commission. The SEC requires companies to disclose in the filing all relevant information regarding their operations and finances.
Buried in Rare Element Resources’ 10-Q are a few nuggets of interest to investors.… Please click here or the title below to read more.
February 12, 2012