From the outside things don't look good for this company. What I don't understand is all the insider buying buying since last August. MOLIBDENOS Y METALES S.A. paid over 135 million to buy stock at $10 and most recently in Jan at $6. Why would they buy all this stock if the future was so bleak?
They are all foreigners (South Americans). Next will be the chinese buying at $2, and control all RE market. Price of RE will go up drastically after that.
Stupidity of MCP current management: Buy NEO at $1.2 Billion. Now whole company only worth soon less than $0.8Billion.