Let’s enjoy this ride as March is the last month we will have the REE Leaders Index. And for the record, this is the only rare earth index in the world calculated by FTSE. Alas, REEL closed down 9.50%, closing at 284.01 versus the InvestorIntel members – up +2.17%. I was in NYC at John Tumazos Very Independent Research event on Monday, so you’re in luck this week with both the month-in-review for March 2014 and week-in-review ending April 4th, so you can get your gas pedals ready as I Tesla-drive you through an update that is sure to have you on your windshield wanting more…
So for starters, REEL fell another -2.14%, closing at 276.32 on Friday; yet again, InvestorIntel Rare Earth & Technology Metal members are up +2.54% thanks in part to Medallion Resources OTCQX: MLLOF up +34.13% and TSXV: MDL up +20%. This morning we are going ‘live’ with an interview we did with Medallion’s President Don Lay that you may access by clicking here.
Speaking of Tesla, the interview with Elon Musk on 60 Minutes and the endless plethora of media coverage on his $5 billion dollar electric car business and in particular lithium-ion batteries, was undoubtedly the catalyst for lithium acquisition player Stria Capital TSXV: SRA up +60% for the month of March. There is 10x’s more graphite needed for every lithium-ion battery than lithium, so it would be no wonder that graphite players Zenyatta Ventures TSXV: ZEN would be up +32.79% and OTCQX: ZENYF up +31.16%, followed closed by Triton Minerals that were up +23.66%; let’s not step over the Sweden dream team of Tasman Metals TSXV: TSM up +33.90% and NYSE MKT: TAS up +31.78% who with their discussions on acquiring Flinders Resources prior to the new year, makes them arguably a multi-commodity critical materials player — with graphite.
A 10-storey overview for March market movers — InvestorIntel Rare Earths & Technology Metals members were up +2.17% and last week rose another +2.54%. Graphite & Graphene sector clients were up +2.14% for March and closed up +2.76% on Friday. Agribusiness was down -3.13% for the month but last week turned it around, up +4.43%. Uranium & Nuclear Energy up +2.13% in March, and up again +1.84% last week. Gold, Base & Precious Metals clients were down -10.72% in March, with a dramatic turnaround last week – up +4.43%. Numerous clients of ours are now formally what I also refer to as Cleantech, and we will be starting to provide those numbers starting next week with an updated list for your review.
To access the Top Stock InvestorIntel Performers for March 2014, the Top Stock InvestorIntel Performers for the week ending April 4, 2014, the Top 10 Most Viewed Articles for the month of March 2014, or Top 15 Most Viewed Articles of the Week log-in to InvestorIntelReport or click here to become a member. Note that InvestorIntelReport members receive a special 15% discount if they attend the 2nd Annual Graphene Supply, Application & Commercialisation event in Manchester, UK with me on June 12-13th, 2014.