The Next Rare Earths Rocket W/ A Lit Fuse: Great Western Minerals
Uploader Comments (WallStForMainSt)
All Comments (29)
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how many of you bought this stock when it was 1 cent just a year ago?
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had i even knew about rare earth sector last year while it was at 2 cents, i would've bought 200k shares of Great Western for sure. Same for UCore
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Great Western Minerals owns Thorium assets. A tonne of thorium can produce as much energy as 200 tonnes of uranium, or 3,500,000 tonnes of coal. Just 8 tablespoons of thorium could provide the energy used by an American during his or her lifetime! With a thorium nuclear reactor, there is NO possibility of a meltdown.
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i got in at .49 last year :)
When Bloomberg reported on the rumor that Molycorp wanted to buy GWM the stock didn't pop as much as i was expecting
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Great analysis! I've been watching the rare earth market and Great Western for the last six months now, and it seems to be the single most understated and undervalued position out of all the rare earthe companies. This company is still under the mainstream radar, but quickly gaining traction by the U.S. Gov't, and various other heavy hitting entities involved in the rare earth market.
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@WallStForMainSt Thank you!
could this be the next Freeport mcmoran
Kerryman86 1 year ago
@Kerryman86- Molycorp and Lynas will lead the REE sector as they will both be at full production and cash flowing by the end of 2012. I think Molycorp especially is a control stock of the REE industry and will be THE industry leader like Freeport, Potash Corp, Cameco and others are of their commodity sectors. I compare Molycorp to being able to buy Exxon Mobil before it became profitable. Lynas would be like buying BP or Shell or another oil major in the same scenario.
WallStForMainSt 1 year ago
@Kerryman86- Great Western though is one of the top 4 juniors below Molycorp and Lynas though. It will do very well in my opinion over the next 5-7 yrs as I outlined why in this video blog. They have a lot of positives going for it.
WallStForMainSt 1 year ago
I also forgot to ask. In your opinion, at 0.65, is GWG still a buy?
MrVocalBaby 1 year ago
@MrVocalBaby- Yes. I think it's a good time to start or add to a position in Great Western Minerals. Have some cash on the sidelines in case of a pullback but I plan on adding more soon if the price stays at these levels.
WallStForMainSt 1 year ago
Jason, you are fantastic! Thanks.
I spotted 2 companies recently, and would like to double check if you know something about them. They seems very undervalued. IBC advanced alloys, and Dejour. Thanks!
MrVocalBaby 1 year ago
@MrVocalBaby- I am not familiar w Dejour so I won't comment on that one. I will have to get back to you on that one after I look at it. IBC Specialty Alloys has a vertically integrated business model plus those processing facilities. I gotta admit it has caught my eye. I have not bought any IBC yet, but it's on my watch list and I am contemplating buying a spec position in the stock. Normally with a stock like this I might only buy 1,000 shares and limit my total risk.
WallStForMainSt 1 year ago