ARR - American Rare Earths

[Dona Ferentes]

and some sixty percent rise. Today

...another day, another winna

American Rare Earths at new high on US ‘critical minerals’ supply ‘emergency’

www-proactiveinvestors-com-au.cdn.ampproject.org

 

[greggles]

and some sixty percent rise. Today

...another day, another winna

ARR is still winning.

This morning they announced the first formal JORC 2012 classified resource estimate for their wholly-owned La Paz Rare Earths project in Arizona of 128.2Mt @ 373.4ppm (0.037%) TREE.

In a separate announcement Mr Keith Middleton was appointed Managing Director effective today.

Mr Middleton was appointed as a Non-Executive director of the company on 19 March 2020 and became an Executive Director in May 2020.Keith is an experienced corporate advisor and director of ASX listed companies specialising in the Australian and International resources sector.

He has direct experience in advising and raising equity for companies in the form of direct investment, company loans and initial public offerings. Mr Middleton’s immediate focus is on our La Paz Rare Earth Project in the United States of America together with the Wyoming Rare Earths Project.

ARR share price up another 23.8% today to 13c and very close to all-time highs. Lots of potential here.

 

[Dona Ferentes]

128.2Mt (GOOD) @ 373.4ppm (0.037%) (v LOW) .

Shallow. JORC compliant. .... More to come?

 

[Dona Ferentes]

another RE stock on the rise (no news)

5 Day; 15 min chart

 

[Dona Ferentes]

7 months and the only thing flying is a pennant with a long tail, fluttering in the breeze (trading between 15c and 7c, now at 8.2c)

In May 2021:

• The Company has secured a new high-grade Rare Earths Elements (REE) exploration project, the Searchlight REE Project, located in Nevada, near the USA’s only operating rare earths mine operated by MP Materials Corp.
• The Project consists of 80 contiguous unpatented lode mining claims, prospective for rare earths, totaling 1620 acres (656 ha) staked by the Company in early 2021
• One sample contains significant high levels of Heavy REE and Magnetic REE, including a total REE of 14,800 ppm (1.48% REE)
• These claims are 100% owned by Western Rare Earths (WRE), a wholly-owned US subsidiary of ARR

 

[Dona Ferentes]

long time between drinks .... up 20% today (back to 10c)

Drilling at La Paz delivers Indicated resource estimate increase of 117% to 35.2 million tonnes

This result demonstrates the potential for La Paz to be one of the largest rare earths projects in North America, making our asset significant in the development of the US domestic rare earths supply chain.

• Resource estimation report demonstrates approximately 66.6 million kilograms TREE, approximately 80.0 million kilograms TREO
• The overall TREE grade increased 5.2% to 391ppm from 372ppm
• New Resource Estimates include 4.4 million kg of Scandium Oxide (Sc2O3)
• Opportunities exist to extend the Maiden Resource laterally and vertically where mineralisation is not closed off by drilling
• Discovery of a new potential resource in the Southwest area where one diamond core hole terminated in mineralisation material below 75 metres
• New claims are being staked
• Assay results demonstrate La Paz is an environmentally sustainable resource with low Thorium and Uranium compared to most other projects in the market

 

[barney]

long time between drinks .... up 20% today (back to 10c)

Indeed DF. Shaping up a tidy resource and the Co still has a tiny Market Cap.

 

[greggles]

ARR got through 10c on Wednesday last week and is now flirting with 12c, a level where it encountered resistance back in January. A confident break through 12c would make 14c the next stop (October 2020). After that, who knows?

 

[aus_trader]

Rare Earth stocks certainly showing a revival in share price led by heavyweight LYC, after a slow, stagnant couple of months

 

[greggles]

The bullish run continues. ARR has hit 14c today and looks set to head into blue sky territory. The buy side of the market depth is loaded up.

 

[Tropico]

The bullish run continues. ARR has hit 14c today and looks set to head into blue sky territory. The buy side of the market depth is loaded up.

It had trouble breaking 14c for a few days till yesterday.
Today's announcement may help further gains.

 

[Sean K]

Now 20c. Doubled in 3 weeks. Nice. Anyone actually own this?

 

[aus_trader]

I mentioned RE stocks were taking off again and I've posted this stock in the breakouts thread ( Outstanding Breakout Alerts! ) yesterday...

 

[Craton]

Now 20c. Doubled in 3 weeks. Nice. Anyone actually own this?

Yep, I was lucky enough to build up a few parcels and trade BPL for a free carry then, managed to take up the rights issue before BPL changed to ARR.
BPL also spun out COB which I also hold.
Oddly enough, I was looking to top up ARR at the recent lows but my buy price (7c) was never met. Still, as long as north is the direction, am a happy camper.

 

[Tyre Kicker]

ARR holding up nicely around the 18c mark. Still seems to be buyer interest in this one.

 

[greggles]

Interest in rare earths has returned with ARR pushing through the 20c level this morning. It is currently trading at 20.5c. Not far away from all time high of 23.5c.

 

[Sean K]

Interest in rare earths has returned with ARR pushing through the 20c level this morning. It is currently trading at 20.5c. Not far away from all time high of 23.5c.

Chart looks interesting greggles. Looks like it's building up to something. That high has been tested a few times now but keeps retreating. Any idea what might push it through, other than general rare earths enthusiasm?

 

[Sean K]

Still watching this because it's got Rare Earths in the title and the chart looks interesting. Still tracking right, forming a different sort of support level. Got a way to go before it's looking at taking on an upward trend or break up. The volume looks like it's distributing from my naked eye. But, you never know with these meme minerals. Could do anything.

 

[Garpal Gumnut]

Still watching this because it's got Rare Earths in the title and the chart looks interesting. Still tracking right, forming a different sort of support level. Got a way to go before it's looking at taking on an upward trend or break up. The volume looks like it's distributing from my naked eye. But, you never know with these meme minerals. Could do anything.

View attachment 132760

I think you are correct.

I got out when it broke down through the triangle.

An MA (mad Aunty) stock. Could do anything.

gg

 

[Sean K]

I think you are correct.

I got out when it broke down through the triangle.

An MA (mad Aunty) stock. Could do anything.

gg

Still worth watching. I've seen stocks with 'hydrogen' in the title double in a few days based on the sound of a helium balloon being released. Must look at what they actually do one day.