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No. of Recommendations: 2
Bella asks: Do you think it could even drop more?

Back in late 2016-2018, the price spent some time around $1.50.

So, I would say yes.

In 2009-2010, REEs were hot. China was buying rights to all the mines in third world countries, REE mines in North America were gonna be "protected" by US government regulations and special contracts.
I bought small "investments" in two supposedly "national security" North American mines.. fortunately I didn't go big!

The US did NOT protect those mines with sweet heart deals. Molycorp folded outright. 100% loss.
Ucore is still hanging on. I keep the small position, simply as a reminder.

Caveat emptor!
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