Feature on Ark Mines; rare earths are back in the spotlight
As much as I like gold, there has definitely been a loss of momentum over recent months. A number of juniors have been embarking on production plays that have been aspirationally attractive, but take time to pass through the commissioning phase and prove their merit. The level of success achieved will influence investor appetite for more of the same. Meanwhile, the gold price has hit US$3,400/oz again but the punters are taking this in their stride.
If you subscribe to the maxim that you should "follow the money", then you will be looking more closely at the rare earths sector. We have seen the bottom here as the Chinese have been relaxing the stranglehold on prices. Trump continues to talk of the rare earth importance and his rhetoric is bringing in players that might not normally participate in such high risk sectors.
This week we feature Ark Mines and its placer deposit of rare earths and heavy minerals in Queensland. It is one of the more simple rare earths projects in a friendly, supportive jurisdiction. With many positives, this company is selling at only option value in the market.