Rare Earth Minerals up 40% on increase in trading volume StockMarketWire.com Rare Earth Minerals was best performing stock on the market with a number of small trades despite a dearth of news from the Company. The Company used to be known as Zest Music but changed its name last month after the Board concluded that it needed to develop a new strategy. Seeking to draw upon the experience of non-executive director David Lenigas in the natural resources sector, the newly named company has set itself up as an investing company and is seeking acquisitions. Mr Lenigas is currently chairman of LonZim, Leni Gas & Oil, Solo Oil and Lonhro Mining as well as being a director of Vatukoula Gold. The share price of Rare Earth Minerals moved up 0.23p to 0.77p - a gain of 41.3% on the day. Story provided by StockMarketWire.com
REM appears to have formed a "Hammer" on the chart on Friday. This is usually a Bullish Reversal Signal. IMHO
