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General Moly, Inc. Message Board

  • themaster88888 themaster88888 Oct 18, 2012 9:07 AM Flag

    SEE YA AT $20+....

    moly and GMO both at $20+ in 18 months, the chinesese know why......

    FR Asia 768 - October 13, 2012 | By Ken Wang, Fiona Lau..........

    The stellar debut of China Molybdenum in Shanghai last week raised hopes that the strong aftermarket performance of recent new issues could spur a rebound in China’s IPO market.

    Thanks to a low valuation and reduced deal size of Rmb600m (US$95.2m), the shares of metals producer China Moly skyrocketed on their trading debut in Shanghai on October 9 – soaring 221% above the IPO price to close at Rmb9.63. The first-day pop is the biggest in China’s domestic market in the past two years..........


    Sentiment: Strong Buy

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0.309-0.006(-1.84%)Aug 29 4:00 PMEDT