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Molycorp, Inc. Message Board

  • reesmart reesmart Sep 21, 2011 12:35 PM Flag

    ***MCP -22%/GWMGF flat last two days***

     

    Isn't it about time that you begin to understand that all rare earths are NOT created equal. That would be like assuming that all precious metals are the same! The plunge in MCP is linked to concern over the price of its specific light rare earths (LREE) and how they have dropped and might drop even more when both Molycorp and Lynas begin production. THIS HAS NOTHING TO DO WITH THE FAR MORE RARE AND VALUABLE HEAVY RARE EARTHS (HREE).
    They are the GOLD and the LREE are the SILVER of rare earths. GWMGF will be mining and refining and processing HREE-rich ree next year--in fact they get the vast majority of their profit from the manufacturing of ree alloys and metals. Thus, this price plunge has not impacted GWMGF sp. But, it has caused UURAF, America's only HREE and with twice the HREO % of TREO as AVL, to drop into the mid-.50 cents--totally unjustified and a screaming buy owing to the public's lack of understanding of ree.

    STOP THINKING THAT ALL REE ARE THE SAME, STOP LOSING MONEY AND GET WITH THE PROGRAM WITH HREE AND MAKE YOURSELF SOME MONEY--MUCH BETTER THAN CONTINUING TO LOSE!

    This topic is deleted.
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MCP
0.8668+0.0254(+3.02%)Mar 4 4:02 PMEST

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