Search for: "western lithium"

Are the Uranium, Graphite and Rare Earth Miners Ready To Breakout?

I have been carefully scouring the resource markets for exceptional opportunities over the past few months and indicated numerous times about the potential rebound and breakout in uranium, graphite, PGM's and rare earth mining stocks. At the end of October, I said to watch for a rebound in uranium as major volume accumulated shares of Uranium Participation Corp which has now just broken out into new nine month highs and made a bullish golden crossover of the 50 and 200 day moving average. In addition, I highlighted a few months ago to buy NYSE graphite bellwether Graftech and some of the high quality graphite miners. All these graphite stocks mentioned above have been breaking out on major volume this week as predicted. I also told you about increased M&A in the rare earths and graphite sector. Now Molycorp has just broken out on huge volume as even this giant could be a takeout target of Molymet as it trades below book value.
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Key Support Levels In Gold and Silver Price Should Hold On European Summit Decision

Silver is testing 2011 lows and is extremely oversold with an RSI reading below 30. We believe silver could rebound off of these extreme oversold levels and possibly break resistance to the upside. The world is navigating very troubled waters. For over four years the top Central Banks orchestrated by the Federal Reserve Chief injected a flood of trillions of dollars into an ailing financial system. The result has been extremely volatile upswings as QE1 and QE2 were introduced and gut wrenching declines after QE2 expired. Gold and silver are building bases, while mining equities are reflecting valuations priced in for a pandemic meltdown. Little do they realize the main problem is not just European Debt, but U.S. debt. Now is the time to buy insurance in precious metals...on sale...!
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Why Graphite Stocks May Continue To Outperform In 2012

Carbon wears many faces. It ranges in form from precious diamonds such as Elizabeth Taylor’s Hope Diamond to electrolytic anodes found in the new generation of batteries. The word graphite originates from the Greek meaning to write. Now we see that graphite isn’t just found in pencils anymore. Graphite is rapidly earning a new recognition as a component in the latest clean energy technologies such as the Lithium-Ion Battery, Fuel Cells, The Pebble Bed Nuclear Reactors and Vanadium-Redox Batteries critical for green energy, wind turbines and solar cells.
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Rare Earth Stocks Heating Up As U.S. Pushes For Domestic Supply Chain

(This is an excerpt of an archived daily bulletin to my premium readers.  Try a month for free by clicking here.) There have been major developments occurring this week in the rare earth arena, which could hold significance for the expansion into Europe of Molycorp (MCP) and the development of a US domestic supply chain of…
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