I must agree with the original poster. The price, even though way down from Monday, has been holding well in the low $5 range. Good news considering it has been lower in the near past with less bad news than the last few days.
you,shorts, do not know what is essential company for the USA. you just look the money.
REE is a must one. Halairy Clinton complained to WTO that China monoply REE and there would be a trade war. If one China company proposes to take over MCP now, I can bet the congress will stop the deal in the excuse of security of the US.
Mcp has its value. its tech for enviornment issue and extraction skill which are needed in China.
The ree price will soar up.
Unfortunately, the mine in california is light ree. however, cerium is useful in electronic industry.
MCP's value is much bigger than the one in last year.