Molycorp's (MCP +13.6%) acquisition of Neo Material is also providing a big lift to shares of...

This news story has 2 comments:

Register or Login to rate comments »

asles Comments (80)
 
The term fellow earth miners is a little off target. More accurately, these companies are rare earth explorers or developers. None of the companies other than MCP mine. The notion that REE, TAS or AVL will mine or produce metals in the next couple of years has extremely long odds. I think that the next source of Heavy Rare Earth Elements(HRE) may not come from the junior miners, but rather from MCP itself. Let us not forget MCP is exploring the Mountain Pass site for suitable deposits.

I am Long MCP from its IPO, MCP PR A, ARU, UCU and long dated MCP Calls. I am short REE
9 Mar 2012, 02:24 PM Reply Like

Valley Boy Comments (2102)
 
I think you are essentially correct in your assessment.
http://bit.ly/ynCLQR
9 Mar 2012, 02:49 PM Reply Like