Monday, May 8, 2023

Ramaco Resources, Inc finds major Magentic REE in Wyoming mine AND raises dividend to 4.6 % . (updated Trading notes)

  Market Talk

 

When we as small investors listen to the pundits on the stock market,  we will get a multitude of opposite and diverse views.  If dwelling into this world of investing some say take the long view, some say stay nimble, try to trade the ups and downs with "some" while maintaining "dry powder" in tumultuous markets and times that we live in today.  With higher interest rate returns in various "dry powder"  investments , many people have been moving money out of traditional savings accounts in banks.  If in stocks, many pundits will say "be selective".  But the times are changing fast and what was considered "safe" may not be so in coming days.  This is where the gamble lies, in just what we "select".   With this preamble to stocks, here are a few stocks of interest in my view.

 

Stock Talk

 
My previous post highlighted a business line story from a Warren Buffet outlet on stock METC  and finding of snificant rare earth elements in an existing metal  

Ramaco resources, Inc operates, develops and sells metallurgical coal.  This type of coal is used for making steel, not heating as in thermal coal.  Now if a major find of magnetic rare earth elements is reported in the strata of an existing American mine, already approved?  I will leave it to the reader to consider if opportunity is knocking on METC.
 
"NETL analysis shows that core samples from the Brook Mine represent highly promising, world-class "MREE and HREE accumulations. These deposits contain these valuable REEs on par with conventional REE deposits, but with much less of the low-value lanthanum and cerium that must be removed by separations. Based on this data, the Brook Mine could rank among the more promising deposits on a worldwide basis, including Chinese HREE deposits."
 
Today , we see that METC raised the dividend to a 4.6 % yield .
 Here is an article from "Simply Wall Street".

 
The article goes on to describe that the dividend will be on June 15. It goes on to highlight risk such as projected earnings decrease.   My one critique of the article is that it fails to mention the potential of  major find of Magnetic REE in an existing mine in Wyoming.  A major fault of pursuing EV's in America is that it makes our future even more dependent on adversary communist China.  If there is a major find of Magenetic REE in an existing approved mine in AMERICA, I want to be IN some to see how it works out.  And with the  increased METC 4.6% dividend sweetens my feeling of "some" METC.


 

 
 

Major Deposits of Magnetic Rare Earth Elements Discovered at Ramaco Resources Mine in Wyoming



Trading Notes:
 
RIOT:  sold. Bitcoin volatility on trading whims of "whales" and faulty brokers causes too much volatility and it can't seem to hold gains. The miners are dependent on the bitcoin price levels

Devon (DVN) : watching DVN.  Frankly, many people in my generation do not want electric vehicles forced on us by politicians. Many may support natural evolution to electric vehicles as  the infrastructure may grows to support it.  America' s natural gas burns cleaner than Russian natural gas.  It could be further used in generating cleaner electricity to supply the electrical grid  in America and Europe as well.
 
On a trading note, I have been successfully swing trading Devon.  I reported I sold in the 70's for a gain.  Now in the lower 50's, the 10 %  dividend and fact that I think oil and natural gas are not as dead as currently chosen politicians want because there is a high need for oil to heat homes and many people don't want Ev's with range anxiety.   Update:  I was feeling bullish on buying back 50 shares of DVN with the money from the RIOT sale.  That was a bad move. DVN decreased their dividend rate to over 5% but it was over 10%.  Still a great divy by most standards but the stock is suffering in a sell off. I  let it go again and see how the dust settles. Meanwhile, Bitcoin rallies and the miners are too.  I made a short term bad move so its more in dry powder.  The bitcoin move seems like an anti- fiat currency move based in the bad politics related to the debt ceiling and the tax and spend ones.
 
USFR : Dry powder in some etf, USFR,  on dividend return in short term treasury notes

I close this post by noting that any view on the market and stocks on any particular day may change in future days to come. That is why we watch and see how our views match up with the reality of the time.  But trying to look ahead a few months into the future may be a way to do things.  If you think too deep about world events and the recent alliances forming, projecting ahead can be a dicey endeavor. With all the above caveats and attempted prognostications, I will close this post. 

Stay tuned for more opining on the market and stocks to watch.

___________

ALL in my humble opinion, scroll down and read more.
This site does NOT make Buy / Sell recommendations.
_____________
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Friday, May 5, 2023

A large find on Rare Earth Elements in Wyoming? METC

 

 Market Talk

The revised GDP data shows that the economy did indeed slow back when the politicians  said we were not in a recession.  And inflation is rising. Should we just get used to it?  The market is thinking the Fed is done raising interest rates for awhile.  Maybe so because it has gotten to the point where everyday people are starting to look for better return rates than the typical bank offers in a savings account.  Couple that with bank runs and it adds a bit of risk to the banking industry as evident in recent falling share prices. There has been a flight, at least in the short run, to what is perceived as a "safer" or steady return of higher rate instruments such as the etf mentioned here, USFR.
 
Stagflation is when the economy is in a recession and yet inflation persists.   Perhaps we should be more concerned about our adversary's planning world dominance.  Maybe enjoy the Philadelphia 76ers play the Boston Celtics and forget about it today. But remember at the voting booth. Oh, "they" seem to want to eliminate the booth. 

 
Stock Talk
 
The market is a dicey proposition.  I won't bother to opine on prognostication today. However, here is an interesting tidbit that was posted on the business wire a few days ago on Ramaco Resources, Inc (METC).   Magnetic rare earth minerals have been controlled by China with mining interests all over in Africa and other such places.  A large find here in America in an existing coal mine could help us make a stand in the growing call for magnetic rare earth elements for electric motors. 

 
 

Major Deposits of Magnetic Rare Earth Elements Discovered at Ramaco Resources Mine in Wyoming




I close this post by noting that any view on the market and stocks on any particular day may change the in the future days to come. That is why we watch and see how our views match up with the reality of the time.  But trying to look ahead a few months into the future may be a way to do things.  If you think too deep about world events and the recent alliances forming, projecting ahead can be a dicey endeavor. With all the above caveats and attempted prognostications, I will close this post. 

Stay tuned for more opining on the market and stocks to watch.

___________

ALL in my humble opinion, scroll down and read more.
This site does NOT make Buy / Sell recommendations.
_____________
Posted by
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