AAPL sales $35 bln/qtr = uses REE materials in all of its products. This is just 1 company. Add millions that use REE to make their products. Potential is SUPER DUPER HUGE.
Apple uses Corning Gorilla Glass. Look at a 2-year chart for GLW. Also, you forgot to mention that Apple's products are manufactured in china. What country do you think they're going to get the REEs from?
Any of you shorts/loosers know anyone who can do that?Nope?Got it!This stock's going to $30 reaalllyy ssooonnn!!!!!!!!!!
Does Molycorp operate in China too?. At least their website says they have some operations in China ..?
I don't get it. Where are customers going to get rare earth minerals from? Just China? Are investors counting out Molycorp? Is this all panic selling today?
you are right .....you don't get it ! Corrupt mgmt at MCP, Odds of bankruptcy very very high. stock still going lower, financing needs will continue to erode the stock and their is no confidence in MCP. Single digits came even faster than I thought and even at todays ALL TIME MCP low of 9.75 there is still 100% downside for any new "long" investor foolish enough to take a chance on MCP. very very sad .....Billions and billions and billions already lost !