Before the correction starting at the mid-market hour today, my favorite REE stocks had a six session bull run since the last mini-musing on September 17. In the interim, The Almighty Molycorp added to its growing legion of Minions that follow its lead and trading pattern.

I currently follow (but not necessarily hold) these 14 rare earth element stocks on the Toronto and New York exchanges, listed in alphabetical order. These are the few contenders among the many pretenders that I personally consider to have real stories in REE space:

Avalon Rare Metals (AVL.T)

Dacha Strategic Metals (DSM.V)

Hudson Resources (HUD.V)

Great Western Minerals (GWG.V)

Matamec Exploration (MAT.V)

Medallion Resources (MDL.V)

Molycorp (MCP.NYSE)

Neo-Material Technologies (NEM.T)

Quest Rare Minerals (QRM.V)

Rare Element Resources (REE.AMEX)

Rare Earth Metals (RA.V)

Stans Energy (RUU.V)

Tasman Metals (TSM.V)

UCore Uranium (UCU.V)

What I have noticed over the past month is when MCP goes green on my screen, the “Cream of the Crop” (AVL, QRM, REE, and TSM) is mean and green, too. The same goes for metal powders and alloy producer NEM. These stocks are shown in bold above.

When Molycorp has a bad day (e.g., today), there are big red stop signs beside my four exploration faves and NEM.

And over the past two or three sessions, the eight penny scrappers in this REE prospect basket (all those that trade less than $1.00 in the list above) have all done nearly the same thing as Miss Moly.

I can therefore opine: Molycorp and the Minions is one really tight band.

Please note that I am a shareholder of Avalon, Quest, Rare Element, Tasman, and Medallion. The first four are paying sponsors my website which makes me extremely biased.
I have owned Dacha, Hudson, Matamec, and Neo-Materials within the last year but no longer hold shares in these issuers.

As always, don’t pay any attention to what I do in the market. You must do your own due diligence, Dudes and Dudettes.

Ciao for now,

Mickey Fulp

Mercenary Geologist.com

Contact@MercenaryGeologist.com

The Mercenary Geologist Michael S. “Mickey” Fulp is a Certified Professional Geologist with a B.Sc. Earth Sciences with honor from the University of Tulsa, and M.Sc. Geology from the University of New Mexico. Mickey has 30 years experience as an exploration geologist searching for economic deposits of base and precious metals, industrial minerals, uranium, coal, oil and gas, and water in North and South America, Europe, and Asia.

Mickey has worked for junior explorers, major mining companies, private companies, and investors as a consulting economic geologist for the past 22 years, specializing in geological mapping, property evaluation, and business development. In addition to Mickey’s professional credentials and experience, he is high-altitude proficient, and is bilingual in English and Spanish. From 2003 to 2006, he made four outcrop ore discoveries in Peru, Nevada, Chile, and British Columbia.

Mickey is well-known throughout the mining and exploration community due to his ongoing work as an analyst, newsletter writer, and speaker.

Contact: Contact@MercenaryGeologist.com

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