@jeffye888@nejatian The base has consolidated so much I think even with a deep market pullback $OPEN would still consolidate in the $4 range. There's no supply below that unless something changed drastically.
@Pikithome I'm sure they'll be front running before it's officially added, but we'll see what actually holds before the forced buying next month takes place.
@FinTonyX It's possible as far as the technical setup right now, but right now the ai and space stocks are sucking all the oxygen out of the room. Once it rotates $OPEN could take off.🚀
WOW! $MP $USAR $UUU $UAMY
China plans to impose mining controls on certain strategic minerals to ensure supply security and protect the finite resources.
The new rules will take effect from June 15 and allow Beijing to control total output, restrict mining entities and run security reviews on foreign investments in mining that could pose a risk to national security, according to a government notification published by the official Xinhua News Agency.
It didn’t specify which minerals will be impacted. Any adjustment to the list of strategic mineral resources will assess factors like economic importance, national security, domestic requirements and supply chain resilience, according to the regulation.