Curzio- Tiny $1 Company to benefit from China Shock
by gdoggcrunch | October 6, 2018 3:40 pm
Curzio Venture opportunities is out pumping a $1 stock that has an operational mine that could benefit when China[1] cuts off rare earths (He call it NEO) from the US. If China does cut off its supply, then Curzio thinks the price of the NEO could go up. I think he’s pumping Lynas Australian Mt Weld,, which is reliant on Malaysian ops to fully process the material.
Endnotes:
- China: https://www.stockgumshoe.com/tag/china/
Source URL: https://www.stockgumshoe.com/2018/10/microblog-curzio-tiny-1-company-to-benefit-from-china-shock/
And sorry for typos. Try to do this on my phone. Symbols added
This is amazing. I’m being deluged by Curzio spam at least twice a day. He’s asking people to “act” by November 1. He’s also telling them NOT to share the email, lol, which of course means “share the email” because he needs more subscribers. It all sounds so scammy. I’m not sure if his pick is Lynas because I refuse to click on the Curzio presentation. Financially Lynas is reasonably sound, but the Malaysian plant is a risk. I’m checking with an industry source for his take. Will follow up here and may put it on my watch list.
My source has actually been to the mine. His overall take is look at this as a trade if you take it. There is risk in the deposit as with any mine, Lynas is know as a “promoter” in the industry and the “NEO” market can change real fast. Good luck.
Interesting article on topic.
https://foreignpolicy.com/2018/10/02/pentagon-accuses-china-of-dumping-products-to-undermine-us-security-rare-earth-minerals/
I believe you are correct in the Lynas Corp guess…it fits the clue about size of the deposit in their mine, Mount Weld, that yields a good bit of tantalum, which is what Curzio is calling “NEO” due to its presence in electronics, and the deposit in mount weld is the largest outside of China. JP Moran also has a hand in this company financially. A less telling sign is the price, nearly all the miners I’ve found of REEs are either substantially under $1 or over $1. I’m not sure how confident I am in this stock since he doesn’t usually promote stocks specifically, so giving this out seems like bait. Besides that I was able to gather enough information to come to this conclusion in less than an hour using a few google searches. I believe the threat is real, as far as, the rise in rare earth metal prices due to trade wars, but this was just too easy to figure out. Either curzio is getting lazy or he doesn’t really believe the possibility of a surge in prices so he’s trying to get as many people buying this stock as possible. I will say the financials of the company do look descent.
I can confirm that Lynas is correct…
Thanks guys! Appreciate the heads up.
The mine is fine, the problem is the refining in Malaysia as the concentrate sent from Australia for processing in Malaysia contains low level Uranium which needs to be separated and dealt with, and some Malaysians are not happy with this. There is of course low level uranium under your house in most places so having a house on piles to let the wind blow underneath is a good idea, some people get excited about it all though.