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Molycorp, Inc Common Stock Message Board

  • cnxtnewbie05 cnxtnewbie05 Mar 27, 2013 12:26 PM Flag

    CEO started doing what he said at last CC: eliminated top officers

    executive VP and general counsel, Burba’s service and chief technology officer ALL ELIMINATED
    = SAVE MILLION dollars for MCP
    Next steps: Phase 1 ramp up =reduce costs to $7/kg from $50/kg now.= MCP should see profits in hand soon this year..

    Sentiment: Strong Buy

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