Why This Rare Earth Miner Outperformed in 2012

Ucore was possibly the only rare earth miner which was up in 2012 while the entire sector declined. Ucore was up 45%, while Molycorp was down 67%.  This relative strength is remarkable and may be forecasting outperformance if the sector should rebound.

It must be noted that Ucore has the highest grade heavy rare asset in the United States with a low capex cost. They have the support of the U.S. Department of Defense and the State of Alaska. They are using U.S. cutting edge chemistry called Solid Phase Extraction to separate the dysprosium. All these positives may be indicating that Ucore may be leading the race to U.S. heavy rare earth production so critical to our national survival.

The chart shows major accumulation in 2012.   Observe the bullish MACD crossover, cup and handle and symmetrical triangle pattern all historically indicative of a major breakout.

I recently recorded an interview with Jim Mckenzie CEO of Ucore Rare Metals (UCU.V or UURAF) on the top ten advantages of Bokan Mountain compared to others in the rare earth sector.  Make sure to listen.

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