This stock has been on a tear lately. I found the news of the 7 million share sale VERY bullish. This insures they won't have to float any additional stock anytime soon to fund operations. Here's the chart:
Hah, that's what was said when they sold the convertible notes back in June (dilution which doesn't show up until the notes are converted, thereby obscuring the dilution for a while, but dilution nevertheless). That was it. Molycorp was good to go.