Re: TMRC
My quick read is that the market read the press release as dilution since USA Rare Earths seems to be acquiring more of the project. I haven't studied the corporate structure enough to know who the profits flow, which ordinarily is not how one invests. But my strategy for TMRC was that it was going to pop solely on the topic of rare earths and a reliable source of demand from the US government. For purists who think that this is gambling, I would simply point to other companies that remain profitless (like Tesla and Amazon in their early days). No mistake, TMRC is not Tesla or Amazon, but because of its tiny size, it could easily trade at some obscene multiple.
And I was tired of seeing Bob make all the money.
I would trade the stock on moves up over $2 or $3 depending on the news. This is how penny/dollar stocks work.