Ah_Meng
12-03

$MP Materials Corp.(MP)$ I know I am repeating myself here. I have shared this mining company probably a week or so before. The reason for repeating myself is a reminder of how important staying in the investing game is. I have been building up my position for MP. Materials for quite some time now (see the charts below to tell) through weekly auto-invest.

The company is flying pre-market today. Yes, it is not only crypto mining that flies. Physical conventional minerals or resources mining firms fly too given the right conditions. 

It is simply a tip-for-tat game between US and China these days. With US banning chips sales to China, China has banned rare earth sales to US. I expect to see an escalation of these trade wars when Donald Trump takes over the US Presidency next month. I have read many people dismissing China with the 2nd coming of Donald Trump and his tariffs laden policy. It might be true that China is currently not in the best position to fight a trade war, it still has the necessary firepower to hurt even a big bully in US, it has to... I am a neutral observer, with no affection for both Presidents. However, that does not stopped me to position as best as possible to benefit from the possible mess that might present itself with the 2nd coming of Donald Trump. 

As mentioned in my previous article on MP Materials, being the only significant rare earth miner and processor to be in US, MP Materials is positioned nicely to benefit from this incoming potential tit-for-tat trade and tariff wars. I believe this is only the beginning for MP Materials upwards movement. A quick glance of MP Materials chart shows an uptrend in place. RSI is at moderately positive, which can only be a good thing. There will no doubt be lots of corrections along the way, but as long as the uptrend is intact accompanied by the intensifying trade wars between the two global powers, the sky is the limit for MP Materials!

@MillionaireTiger @TigerStars 

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Comments

  • VivianLau
    12-04
    VivianLau

    Wow, you bought the stock a year ago—congrats! Looks like you’re a pro when it comes to mining stocks!

    • Ah_Meng: 
      Buying from more than a year ago I did. Pro in mining stocks I am not. [Cool][Happy][Tongue] Minerals mining is a difficult biz. Investing in the sector is not easy as well. No mining firms are created equally, so it is important to differentiate them. However this is not the most critical. Timing is key, minerals mining is cyclical. No one can tell if the time is here until it is here… no matter how much I may want to believe I am right, I am almost always wrong [Facepalm][Glance][Smug][Spurting]
  • Tigerous
    12-04
    Tigerous
    Are there any other resources mining companies also beneficial from China's ban?
    • TigerousReplyAh_Meng: 
      You know so much bro... I didn't hear of them at all before lol
    • Ah_MengReplyTigerous: 
      Yup! There’s one that didn’t move today… not sure why, listed in both US and ASX, $NOVONIX LTD(NVX.AU)$$NOVONIX(NVX)$. It is involved in battery materials mining, which includes graphite and lithium. It has raise cash recently… not sure why the stock price didn’t react to graphite control news… not normal… might need to read a bit. I had also included $Sun Silver Ltd(SS1.AU)$ in a separate msg. Antimony is getting noticed.
    • TigerousReplyAh_Meng: 

      THX! All of them are listed in Australia yah?

    • Ah_Meng: 
      Oh, there’s this $Sun Silver Ltd(SS1.AU)$on my watch list that is also flying due to its exposure to antimony, also in the banned critical minerals list.
    • Ah_Meng: 
      Of course there are… China starts with rare earths, moving on to graphite. Besides MP Materials, $LYNAS RARE EARTHS LTD(LYC.AU)$ is a big player outside China. Other companies benefited are for example $SYRAH RESOURCES LTD(SYR.AU)$, $MTM CRITICAL METALS LTD(MTM.AU)$, $HAVILAH RESOURCES LTD(HAV.AU)$. It is however very important not to chase them. Some of these companies have fallen quite substantially. If China removes the ban, they will likely come back down to earth! Track and study those resources companies, buy them only when you understand. With Donald Trump coming on board, there’s plenty of these trade wars opportunities! [Cool]
  • Tigerous
    12-04
    Tigerous
    Very foresighted. Really impressive. Congrats bro 
    • TigerousReplyAh_Meng: 

      Nice. Look forward to that

    • Ah_Meng: 
      Thank you. I have more to post on both resources and defence sectors, stay tune if keen… I will try to write it as soon as possible… as I feel the time is critical for some of these…
  • twizzy
    12-04
    twizzy
    Nice potential! 🚀
  • icantik2002
    12-06
    icantik2002

    Great

    • Ah_Meng: 
      Thanks for reading and sharing it! Appreciate that
  • Bombayah
    12-04
    Bombayah
    Great article, would you like to share it?
    • Ah_Meng: 
      Thanks for reading and sharing! [Salute]
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