As i mentioned earlier, MCP has a lot of potential. The Land they operate on is worth more than gold compared to their stock right now. You see players that are trying to control MCP to gain massive returns for later years. No reason to sell out now, invest and you will get rewarded. Companies like Siemens are already partnering with MCP to get a stable, reliable,...
Who said, "Its not the rare earth material they get out of the ground thats of value, its the land the material comes from." If I was the bank, i'd want to force everyone to give me their rights to the land they operate on, then, I wouldn't care who mines it, as long as i get my cut on every square inch of soil that is dug up. Its not the gold nugget that...
Check out this guy testing Rare Earth Elements from Molycorp, as well as finding other useful uses for this material @ 1:30:00 time. www.youtube.com
See youtube, this guy tested just a random sample of rock from Molycorp's mine too @ 1:30:00 time.
Remember the rare earths? Praseodymium, Neodymium, Dysprosium and the like. Remember the story how China produces about 95% of all rare earth materials and these minerals are needed in a vast array of technologies (solar panels, batteries, cell phones, flat screen tv's etc.) and because China has got a monopoly prices are going to go to the moon?
What happened?...
What a money pit. Someone hit these execs with a shovel upside their head, better yet use the bigger shovel on those excavators and fill in the hole once done. This is a bottomless pit. I wont be adding anymore cash to this until i see a zombie hand pop out of the grave. Last conference call was brutal.
Just doing a quick low res SAT check to see how far they progressed.
Made a quick image comparison slider for a quick look, see link below.
76.108.137.193
Let me know if it helps, Its a quick slider code, wasn't really focused on matching images 100%, but maybe it will help new investors in their decision making.
If any 1 has a good place to upload this to a...
Just wow, keep that production going, check back on mcp later when map gets updated.
www.google.com
Can anyone else find other Rare Earth Mines on Google Maps that matches this production?
Molycorp Inc (NYSE:MCP) is trading at 52 week lows and hated by most investors for its poor performance. While the markets trade near all time highs, this stock has fallen throughout 2014. That may be about to change. Commodity stocks in all sectors have started to catch a big bid. Look at stocks like ConocoPhillips (NYSE:COP) in the oil sector or Freeport-McMoRan...
