Far East Capital Newsletter
Ionic Rare Earths (IXR) looks like a standout
6 Feb 2021

In This Issue

Ionic Rare Earths (IXR) looks like a standout

The market continues to suffer from a disappointing gold price and copper has gone into retreat for the time being. Alternative energy stocks have been experiencing pullbacks after the recent buying surge. This sector, which can include rare earths, is still looking as the one most likely to move higher while more traditional metals are pausing. We continue to look for interesting stories in this sector.

I have been charting Ionic Rare Earths (IXR) for some time, observing how it was somewhat ignored by punters during 2020, but I have never really looked closely at the geology or metallurgy until now. Last week the 121 Mining Investment Africa Conference availed me the opportunity to meet with the MD and get a good understanding of the merits of the company. In a word, it is a standout. 

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