You should pull up the chart of Molycorp, they IPO's last month (MCP)usd
They are one of, if not thee best rare earth deposits in america, (california) and rare earth minerals are the flavour du jour.
Quest rare minerals (QRM) Avalon (AVL) and (RES) are the top three canadian REE (rare earth elements) companies to follow the surge in REE interest.
Stockpiled REE's are all controlled by China about (96%) , but are in heavy demand as they are needed for all things green...hybrid vehicles, wind, power lighting etc.
The spike in RES/QRM/AVL GWG and MAT (just to name a few) are all due to the sudden interest in rare elements....I have been following for about a year and half now, and China's tight control finally has people paying attention to this sector.
RES will put out their feasibility study any day, thus the rise....and it is just the beginning.
JMO..VMS stands to make a decent return going forward.
GS40