Great news for investors in GWG as it reaches a new 52-week high closing at $0.42 on a 15% move. This is one stock that continues to be on the watch list as a result of their potential combined with the compelling story for rare earth element companies into the future.

Chinese companies dominate the rare earth landscape and the majority of the materials are mined in China. This poses a certain amount of restriction in the market and controlled prices. So being invested in a producer isn’t a bad thing since they would be benefiting from controlled prices much like oil companies. But being outside the cartel, they can still benefit. The other factor to consider is the fact that GWG remains politically stable in its operating areas.

In the past 3 months the stock has been on a steady rise from $0.18 to the now $0.42 level. The average volumes have been high lately too indicating interest in the company. All positive signs that the good news should continue.

Author disclosure: this is not a paid endorsement in any way. I do own shares in GWG.V

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