No income? Check.
No revenue? Check.
A few more scare-headlines from China? Check.
That’s all it takes for Rare Element Resources shares to be sent surging over 10% today.
Remember, this is the company that’s surged over 12-fold this year, thanks to nothing but headlines, and the company’s rights to mine in places where there’s both gold (a separate bubble that’s also having a good day) and rare earth metals.