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Mining gets hot again

By breakout on 2010/12/06

Molycorp got ignited by a rumor that Sumitomo is considering to buy a stake in the company. The other Rare Earth company that is easily tradable in the U.S. markets, Rare Element, got dragged up today in sympathy with MCP. Novagold Resources made a restart in its 6 weeks old sharp up-trend. Hard to tell [...]

Posted in Stocks, TU | Tagged MCP, NG, REE | Leave a response

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