Tactical Resources Corp. (RARE)

Tactical Resources Corp. (RARE $0.14)
- $0.14 Cap: $4M
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Tactical Resources Corp. (RARE $0.14)
- $0.14 Cap: $4M
- View RARE Profile
- View Questions on RARE

Q: What do you think of this penny stock ?
Thanx Gary

Read Answer Asked by Gary on August 29, 2024

Tactical Resources Corp. (RARE $0.14)
- $0.14 Cap: $4M
- View RARE Profile
- View Questions on RARE

Q: Hi 5i,

Came across this in the Daily Chase from BNN:

"Tactical Resources Corp. plans to list on the Nasdaq stock market through a merger with a shell company. After the transaction, the combined firm will have an enterprise value of US$589 million. Founded in 2018, Tactical Resources explores and develops rare earth elements — a group of 17 metals essential for defence technology, electric vehicles and semiconductors. The company will use proceeds from the deal to finance construction of a processing facility at the Peak Project, a rare earth minerals mine near El Paso, Texas."

Any thoughts on the company from an investment standpoint would be appreciated.

Thank you!!

Read Answer Asked by Brian on August 26, 2024