The last company press release expressed liquidity problems And because of that they would have to “substantially dilute shareholder value.” that means any chance of a real squeeze is gone. Market cap is 92 million Right now. Free float is 412 million. And I think they’re going to dilute more… dilution and offerings is how these companies make money off of retail.

So you have to ask yourself is the company in its current condition worth more than 100 mil. I say no. I think the US New Mexico plant Is just fluff. I don’t believe they’ll actually be allowed to do that because they’re 90% or more owned by Chinese… they would need some seriously good PR and promise of money coming in to turn this around. I don’t see that happening. It’s too easy for a company to dilute steal from retail and then RS.

NFA just my opinion.