Even if they can double production 4 years from now-EXTREMELY OVERVALUED
Still would trade at a price to sales ratio exceeding 10/1 which is 4 times higher than FCX, the biggest copper producer in the world. Copper is multi-hundred billion dollar market as opposed to rare earth metals, which may not even be a mere $2 billion in global sales. This valuation is just completely insane!
It's very easy to run up a momo stock with no sales or earnings on a good story especially when there's a short squeeze involved. BUT, reality always sets in once the insiders are allowed to sell, and trust me, they will sell every way til Sunday as Cramer would say.
lol...so true..HELL, IF THEY TRIPLE PRODUCTION ITS NOT FAIR VALUE!! AND OH YEAH,,,THIS IS ALL BIG IFS, AND 4 F'IN YEARS AWAY!!!!LOL...nah, they'll be no competition by then either..OH AND CHINA WILL MOST DEFINATLEY FLIP FLOP AGAIN, MAKING EVERYTHING MUTE..no better short out there if your lucky enough to get shares!!