Friday, August 28, 2015

REM WENT UP 13.33% ON FRIDAY

REM, a UK company listed on the AIM, saw its share price went up 13.3% on Friday after a reort came out that Tesla Gigafactory will buy Lithium from a soon to be built Lithium mine in North Mexico.

The companies that own the mine are Bacanora Minerals and rare earth Minerals (REM).

Follow the link here:

http://fortune.com/2015/08/28/tesla-lithium-mine-mexico/

I made a BUY call on REM on April 23, 2015. After languishing below 1.0 pence, REM seems to be in for a steady climb north.

My disclosure: I do not own any shares of REM.

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