I can barely wait to see what they imprted in March and April please keep us imformed . I believe insiders will unload another 25% of their position after the 90 day lockout expires May 16.2011 I don't remember the time restriction to sell that were imposed but there will be a tidal wave of selling.
Insiders never sold in open market. Those were indirect sales - Transferring to the big funds.See the SEC filings. Big players paid $50 per share. Imagine where MCP is heading to. Until and unless china export quota increases , MCP share price will keep on rising. That's for sure.
Ummm..Future is NO MORE RARE EARTHS NEEDED! LOL...Japan is investing Millions in R&D to REPLACE Rare Earths.....Mining Rare Earth Minerals is an Environmental Nightmare. REE's will go the way of Asbestos insulation in the 70's. Easily Replaced.
Japan has stepped up diversifying supply sources while the government said Japan aims to cut rare earth consumption by a third within a few years and reduce its reliance on China, by providing subsidies for recycling and investing in new ways to limit their use.