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Molycorp, Inc. Message Board

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  • daveedandlaura daveedandlaura Aug 17, 2012 7:42 AM Flag

    Proof positive that MCP has no future

    Molycorp's decision to issue additional equity to fund capital improvements to bring the mine to full operational capacity will most certainly cause the share price to drop as the market attempts to absorb the additional shares.

    This stock is certainly not for the faint of heart. As I have said in a prior post, this security carries tremendous risk, I like ones chances of success playiing (investing) at a casino slot machine better.

    In other words, invest in Molycorp only a given amount of risk capital that if you flushed down the toilet tomorrow, you would not place yourself in economic harm.

    I think we all can agree that a market exists and will continue to exist for rare earths for the various products we use today. Molycorp has the only US mine with enough reserves to make extraction of the rare earths POTENIALLY ECONOMICALLY FEASIBLE.

    I have a total of 900 shares, my total risk capital currently available (and potentially the only risk capital I will ever have)in this.
    I'm 'all in" as they say at the Texas Hold-Em Table.

    I will enjoy the ride either at the winner's circle (should the stock ever reach its 52 week high which will definately be my time to cash out) or when I'm knocked out from the final table wnen the stock finds itself being listed on the pink sheets as per Aviantruth. At least, I won't have to subject myself to being interviewed by Vince van Patten should I lose all my chips.

 
MCP
0.3853+0.0183(+4.99%)Mar 31 4:03 PMEDT