It seems a possible replay at work of the last rare earth spike about 6 years ago. Unfortunately I missed it purely because of my impatience. I still remembered vividly on the morning of that day before the market open, all of a sudden, the buyers showed up, pushed the price to around 40 cents a share. At that moment, I still had chance to get on the bus, but I did not, watching the shares going up above $2 with a regret.
This time around, ALK is in a much better shape, such as the cash, the gold and all the licenses for Dubbo having sorted out. I am now determined to ride it out on the bus, see where it takes us.
All the best wishes to shareholders
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