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Wednesday, September 25, 2013

Unusual Market Movement

Rare Earths
Medallian Resources (MILLOF), Avalon Rare Metals, Inc (AVL) and NIOCORP Developments (NIOBF) today are climbing up together for the first time during the several months I've been watching those stocks.

NioCorp acquired some human capital from Molycorp just prior to the stock jumping a whopping 18% to $0.19. There's a metal deposit in Nebraska waiting for development. The ore is waiting for price and trade policy adjustments.

Yesterday afternoon, Mining Weekly reported that China may be looking to buy some U.S. Metals. Avalon Rare Earths (AVL) jumped into Dollar territory for the first time since May and over the last few days seems to be leveling off there.

I took these and other stocks into my portfolio around the time of the last recession. There are always risks so never invest in anything you can't afford to lose.

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