Is the golden age of Technology Metals upon us?
InvestorIntelReport: Jack Lifton was right that April was the best time ever to invest in our sectors. Graphite & Graphene stocks lead the way up 24% on average, followed by Technology Metals stocks at 20%. The average for our Members is over 12%; eleven companies were up over 25%. The top five were all up over 50%. The top three were, Cobre Montana, who just joined us this month, who were up 130%. At number two, Neometals was up over 152%, perhaps due to their recent divestment of gold assets to focus on technology metals, especially lithium. Our number one performer, Deveron Resources, is up over 177% on no new news! Publisher Tracy Weslosky said, “I haven’t seen market action like this in over several years.”
At number four,Texas Rare Earth’s returned as a Member in time to rise 58%. They had several significant new developments of late. They recently signed a uranium off-take agreement with Areva Resources Canada Inc. As well, in March their Advisory Board Member Dan McGroarty was interviewed on CBS ‘60 Minutes’. The final over 50% performer was Elcora Resources, who also just returned to InvestorIntel last month and rose almost 53%. Other new Members this month include Canadian Metals, Aurora Cannabis, Contagious Gaming, Critical Elements, and H20 Innovation. Other returning members are Theralase Technologies, Niocorp Developments, and Largo Resources.
The following companies made gains of over 25%: Carlisle Goldfields, up over 47%, whose stock continued to rise after releasing a Feasibility Update on April 29th and announcing the start of exploration drilling. Tasman Metals, up over 45%, Search Minerals, up over 42%, Frontier Rare Earths, up over 34%, and Alabama Graphite, up over 29%, and Tuscany Energy up 25%.
The increases for REE (rare earth elements) Co.’s can partly be attributed to the end of Chinese quotas that was announced April 23rd, and replaced with a resource export tax on May 1st. The numbers are impressive for all sectors, but minerals, specifically Technology Metals are leading the way. This is a welcome change after years of declines in the industry.
The most viewed interview/article of the month was on April 11th with Jack Lifton explaining why this is the “very best time ever to invest in REE’s”. And looking at April numbers — Jack was right again. When the Chinese announcement came less than two weeks later, stocks rose considerably. Hopefully you took their advice because the prediction came true so quickly, but if you didn’t make the move, it might be too late as gains like these are not likely again soon. But you never know what will happen as a result of the end of Chinese quotas. Perhaps a golden age of Technology Metals is coming? One thing is for sure, now that the stocks are not so undervalued, it is a good time to be mining Technology Metals again.
The top 5 most read articles were all written by different authors but they continue the trend of all being Technology Metals related. There was also a good deal of interest in lithium and graphene this month. There is lots of news about lithium batteries, and the Graphene Breakthrough article by Robin Bromby shares news about a possible breakthrough in a one-step refining process that could make the liberation of graphene from graphite. He says it could cause, “extraordinary profits.” We will see if that leads to a possible “transformational year.” The one biotech Company that did very well, Miraculins, has released good news from the FDA about their diabetes screening device in time for Mothers Day, as their ticker on the TSXV is $MOM. Perhaps Miraculins stock might make a good gift for mom on May 10th?
So the most significant news was either the Chinese announcement of the end of quotas and a new export tax, or the impressive rise in stock prices of so many InvestorIntel Members. The two are certainly linked, and the prediction of April being a good month to invest was certainly true. Now that the tax has taken effect on May 1st, it will be a very interesting time to keep an eye on REE stocks, technology metals stocks, and all of the companies that are Members of InvestorIntel. Congratulations everyone, and happy Mothers Day.
So what happened with these sectors in April? And do you want to know what our audience was reading? We outline the leaders, their accomplishments and show you how they moved in our InvestorIntelReport. If you’re a member, log-in here or wait for Asher to email this directly to you shortly; and/or click here to join the InvestorIntelReport.