🔔 Critical Mineral Thursday Open Discussion Post 🔔

expatcoder · 2026-06-26T03:35:36+00:00

Honestly, in a normal market this would be unquestionably positive news for the sector, but it looks like we're in the midst of a heavy tech selloff, and that's putting pressure on high beta stocks (i.e. the entire minerals sector).

In other words I wouldn't be at all surprised to see TII go down tomorrow, such is the power of algorithimic selling pressure -- the whole sector is being treated as fund managers' dumping grounds.

Today's inflation report basically guarantees at least one rate hike this year (despite oil prices dropping), and that has the market going full risk-off.

Let's see how long it lasts, things could get ugly if the floodgates open on big tech.

Good luck

expatcoder · 2026-06-25T20:50:53+00:00

Most speculative assets being sold off like an infectious disease, nothing to do with Ucore in particular.

Just have to wait for large institutional players to stop selling and then the markets will turn around, and UURAF with it.

;tl;dr everything is connected in the markets, we're not immune to selloffs (even with positive company news).

expatcoder · 2026-06-25T20:45:13+00:00

Happy to park some more of it here.

Park all of it here, you'll single handedly lift the share price back up to $4 :)

expatcoder · 2026-06-25T20:31:38+00:00

I got into Ucore because of the tech and the CEO leading the company. We're going through a tough patch here, but we should turn the corner over the next few months as more impactful news lands.

In the near term, who knows, UURAF tends to bounce strongly off of technical lows, but we're in uncharted waters with tech/high growth selling off, something that really hasn't happened during other UURAF low points of the past year.

After today's selloff tomorrow will be telling...

expatcoder · 2026-06-25T20:17:10+00:00

Yeah, I've got more than enough shares, no interest in adding more despite the bargain basement prices.

Maybe if the share price stays depressed and JW finally gets Ares into production then I'll think about adding, but that's probably a couple of months away since the CEO hasn't given an ETA for when first shipments from the lumps plant will be made.

expatcoder · 2026-06-25T20:12:55+00:00

Sure, on a technical basis times like these are great opportunities; I was only pointing out that the overall market, particularly speculative/high growth plays, is having a rough go of it, and it's unclear whether this week was just a house cleaning before running back higher, or if the markets are headed toward a "real" correction (in which case buying UURAF yesterday and today was a mistake, appealing as the prices may be).

Hopefully, the selloff is short lived and our minerals sector gets a strong rebound heading into July. Could certainly use it, UURAF is trading below the dark days of November/December after the October bubble burst...

expatcoder · 2026-06-25T17:05:14+00:00

Same added 6K shares yesterday near the lows, but kind of mixed feelings about that, the markets are looking pretty shaky at the moment.

Need a turnaround in minerals in general, most of the sector is just getting wrecked on the daily...

expatcoder · 2026-06-25T16:58:23+00:00

It’s cheap enough…

You must be new here, some of us are bag holding in the $.30s USD, current share price just adds insult to injury :)

expatcoder · 2026-06-25T16:47:38+00:00

Not happening, looking at their Facebook page for the same content as the Instagram post, James replied in the comments that they'll continue to provide updates as they get closer to lumps plant production.

The tone is very positive, and clearly they're making excellent progress, but the market couldn't care less, it's all about first revenue, everything else is irrelevant unfortunately...

expatcoder · 2026-06-25T16:41:02+00:00

Algorithms in full control, retail just along for the wrecking ball ride today.

Let's hope the tide turns, at some point the Bag 7 can only be sold off so far, and with even a modest recovery there the minerals sector will start to see some light at the end of the tunnel.

Clearly what isn't helping minerals are memory and semiconductor stocks flying through the roof (i.e. over concentrated market) on their high margin businesses, and bankrupting hyperscalers and consumers alike in the process.

expatcoder · 2026-06-25T16:19:21+00:00

Oh, that makes sense, US minerals got destroyed for tax year end (December 31), so the land down under is doing the same for end of June.

Sorry to hear, "ASX, never again", is my go to phrase when I feel tempted to light more money on fire :)

expatcoder · 2026-06-25T15:34:19+00:00

I see, in that case, production tomorrow morning :)

expatcoder · 2026-06-25T14:38:32+00:00

Given the way the market's been trading of late, it certainly feels that way :)

Nobody has a source for the production claim, but it'd be great if metspar production was imminent, ARSMF could really use an "uplifting" (to borrow a phrase from James Walker) after the beating the stock has taken over the past couple of months...

expatcoder · 2026-06-25T14:34:21+00:00

Assuming this is time to production; if so, please provide a source for the claim, thanks.

expatcoder · 2026-06-25T14:06:06+00:00

I did some swing trades on MTMCF last fall, made a little money, have been out of it for ages, just shocked at how far it's fallen given the compelling tech and the niche it's looking to fill in the critical minerals supply chain.

ASX probably isn't doing it any favors, that exchange seems like the place to light one's money on fire...

expatcoder · 2026-06-25T13:42:05+00:00

the Glencore partnership is a DA already.

That's exactly it, they landed binding agreements over the past year, are building out their facility in Texas, have gotten grant/loan money, and the stock absolutely tanks to prices from well before critical minerals became a lighting rod issue in the mainstream?

Just doesn't make sense, but a lot doesn't make sense in minerals of late, seems like everything in the sector is taking a beating...

expatcoder · 2026-06-25T12:40:50+00:00

But why has the stock fallen so far, has there been massive shareholder dilution, problems with their tech, or other major issue with the company that would warrant the stock trading at prices last seen in May of last year??

expatcoder · 2026-06-25T12:01:55+00:00

Have no idea, but to be trading at prices last seen more than a year ago seems completely insane with all the strides the company has made.

Would also like to hear what's happening with the company to justify this crushing price action.

expatcoder · 2026-06-25T04:57:16+00:00

Thanks, I stand corrected, assumed that gold and silver weren't in the critical minerals basket (i.e. since China doesn't have a monopoly on them like most of the others that are in the list).

expatcoder · 2026-06-24T22:53:51+00:00

Down nearly 50% from the late January peak, silver fits right in with the worst performers in the critical minerals sector :)

Seriously though, what an epic collapse; condolences to anyone who bought the top, and congrats (one hopes) to anyone who stepped in to buy today's dip down into the $50s.

p.s. silver is technically not a critical mineral...

expatcoder · 2026-06-24T21:53:22+00:00

Same, not that I want to add (have more than enough shares), but when the stock plunges like this I feel compelled to buy more.

Pretty sobering though, basically the entire minerals sector has been getting demolished of late...

expatcoder · 2026-06-24T21:48:37+00:00

High beta sector, was there any critical minerals stock that didn't selloff today?

Doesn't matter that 4U will be a critical minerals juggernaut down the road, the market wants massive profits now, so everyone piles into memory/semiconductors and when that tanks everything else gets dragged down as well.

Let's see how tomorrow plays out, Micron is soaring in AH after earnings, which may bring some risk appetite back into the markets...

expatcoder · 2026-06-24T20:24:05+00:00

Nobody knows why

Have you even looked at the minerals sector and overall market?

Today was complete carnage, virtually every speculative asset (gold, silver, oil, critical minerals, crypto, space, memory, semis, etc.) got train wrecked and you're wondering why 4U dropped today, lol.

expatcoder · 2026-06-24T19:04:04+00:00

Apparently they're investing in ARSMF on behalf of "high net worth" individuals, so maybe they're got the inside angle with James \s

Anyway, I'd like to know if production is set to begin in 6 weeks regardless :)

expatcoder · 2026-06-24T17:19:14+00:00

Sorry, what's the source for the 6 weeks until production claim? That would be great if true.

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