Candence Minerals PLC (PK) (RARMF) News

Rare Earth Minerals Plc. changed to Candence Minerals Plc.:

http://otce.finra.org/DLSymbolNameChanges

Creating a Lithium OTC ETF this will be in my fab 5

Same as REM.L but on a different exchange, trading on the grey's and no one is interested..................At least not at this moment in time.

"peace"

Is this the right company? No volume

NOT BAD!

Allotted, issued and fully paid
173,619,050 deferred shares of 0.24p (30 June and 31 December 2013: 173,619,050)

OUCH!

5,453,375,717 ordinary shares of 0.01p (30 June 2013: 3,446,952,383, 31 December 2013: 4,017,952,383)

http://www.rareearthmineralsplc.com/files/8114/3689/1718/REM_interims_2014.pdf

"PEACE"

The basic reason for it to be on the greys, would be that it doesn't have the needed minimum "Market Makers" to obtain a constant bid and ask price.

More due diligence will be need to find out if it has every traded beyond this listing.

WE WILL SEE

"PEACE"

May be SEDAR has some history?

http://www.rareearthmineralsplc.com/investors/financial-information/

http://www.rareearthmineralsplc.com/files/6514/1328/7726/Zest-AR-2010.pdf

http://www.sedar.com/search/search_en.htm

https://www.osc.gov.on.ca/en/Companies_sedar_index.htm

No idea why its on GM , let me know if u hear anything from the company.

Any idea why this on the GM in the U.S.? I reached out to the company to see if they would clarify. I didn't find any info on OTC, SEC or FINRA.

exactly bro, Rare Earth Minerals PLC is dually listed on LSE and OTC (same company)

From what I can tell...

REM.L is trading publicly on the London exchange and is the correct company associated with the Tesla deal. RARMF is also the same company, BUT the US stock is trading on the grey market (GM) for some reason which is why the price is so low. I don't know if this will ever come off of the grey's or not? If so, it would be HUGE...but I need to understand this more. I'm shocked the company isn't spending time to ratify this situation?

Correction:

Confusion and Suspicion is surrounding these Tickers:



REM.L Rare Earth Minerals Plc. trading at $1.00 - $1.30 closed at $1.06 while RARMF also Rare Earth Minerals Plc. .017 - .03 closed at .03



WHAT IS REALLY GOING ON?

"PEACE"

Confusion and Suspicion is surrounding these Tickers:

BCN.V Bacanora Minerals Ltd. trading at $1.75 - 2.0 closed at $1.95 while BCRMF also Bacanora Minerals Ltd. trading at $1.34 - 1.5494 closed at $1.4888

AND

REM.L Rare Earth Minerals Plc. trading at $1.00 - $1.30 closed at $1.06 while BCRMF also Rare Earth Minerals Plc. .017 - .03 closed at .03

In both cases claiming the TSLA deal?

Oh and least we not forget

U.S. Rare Earth Minerals, Inc. (USMN) which moved from .05 - .85 closed at .70 and also claims the TSLA deal.

WHAT IS REALLY GOING ON?

"PEACE"

http://www.fool.co.uk/investing/2015/08/04/is-rare-earth-minerals-plc-actually-worth-5-9p/

There’s no denying that Rare Earth Minerals (LSE: REM) has plenty of potential. Indeed, according to figures already published by the company, the net present value (NVP) of all Rare Earth’s interests in the Fleur-El Sauz, Ventana, Yangibana and Western Lithium projects amounts to £800m. As Rare Earth’s market cap is only £70m at present, based on the NPV value, Rare Earth looks to be significantly undervalued.

However, Rare Earth still has a long way to go before it can unlock value from any of its mines.

Will take time

It could be years before the mining minnow is able to start producing lithium from any of its prospects. Unfortunately, the market is also moving against Rare Earth. Commodity sector investors and backers are becoming increasingly cautious about which projects they commit their capital too. Falling commodity prices have made many projects, commissioned and funded over the past five years, uneconomic. This could leave Rare Earth struggling to raise the capital it needs to develop the required infrastructure needed to start mining.

That being said, as the demand for lithium increases, Rare Earth’s world-class lithium prospects could attract attention from large investors who have the capital and experience required to develop the prospects.

Risk/reward

Investors have to weigh up the possible risks and rewards of investing in Rare Earth. On one hand, if the company reaches its goal of commencing production from owned lithium assets, Rare Earth could unlock £800m in value.

On the other hand, there’s a serious possibility that Rare Earth could struggle to reach this goal. The market is moving against the company, and few mining projects move from planning to production without cost overruns. While Rare Earth’s 38.4% owned, Fleur-El Sauz project is forecast to have some of the lowest operating costs in the industry, future uncertainties such as interest rates, inflation rates, and volatile lithium prices could render existing forecasts useless.

Overall, right now it really is difficult to tell if Rare Earth will go to zero or become one of the world’s largest mining companies.

Still, the risk/reward ratio looks promising. If you take the NPV of Rare Earth’s lithium projects and cut it in half to build a margin of safety into the numbers, Rare Earth’s share of the mines could be worth £400m — around 5.9p per share.

So if you’re willing to take on the risk, Rare Earth’s shares could jump 470% from present levels. However, I should say that this is a best case scenario. Based on the current market environment, it’s almost impossible to tell if Rare Earth can make it big. And, as with all investments, there’s a chance that Rare Earth could go to zero, wiping out existing shareholders.

But only you can decide if Rare Earth is suitable for your portfolio. If you decide that you want to take a position, it should be part of a well-diversified portfolio to minimise risk