TBone_Pickems
$UAMY Every critical mineral / rare earth company that tried to ramp up production over past 40 years met the same fate...China pushed prices down and put them out of business. Congressional and Pentagon and "Think Tank" reports all pointed at the same threat and all of them said western price floor guarantees for this sector was the ONLY way to attract long-term capital and achieve independent supply chains. Even with that knowledge and talking about price floors for past year, the US Gov't has done absolutely nothing to remove that power/control from foreign control. All their focus was on equity deals and those are worthless if companies selling at break-even or loss because global spot prices still controlled by China. How are those equity positions performing for you and taxpayers, Uncle Sam?
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