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Molycorp (MCP +35.5%) shares are at the day's high after better-than-expected Q1 results, but at...

Molycorp (MCP +35.5%) shares are at the day's high after better-than-expected Q1 results, but at least some analysts remain cautious. Stifel Nicolaus cuts its 2013 earnings forecast on an assumed sales volume decline in part of MCP's business and more conservative pricing. Goldman Sachs shares concerns about pricing until the integration of its chlor-alkali plant later this year.
Comments (10)
  • jbcm
    , contributor
    Comments (234) | Send Message
     
    Now can I tell you that insider have sell zero shares in MCP and buy 15,146.972 shares in MCP all from Seeking Alpha:s own statistic. You can read it yourself! Good Investing! I am long in MCP also!
    10 May 2013, 03:03 PM Reply Like
  • Michael Bryant
    , contributor
    Comments (5528) | Send Message
     
    In five years, (MCP) will likely be at $40 a share.
    10 May 2013, 04:43 PM Reply Like
  • Whitehawk
    , contributor
    Comments (3129) | Send Message
     
    Can you answer the questions I've asked about production costs and yields? These appeared on the market currents over the last 24 hrs. Bulls should be able to answer these questions to convince those on the sidelines that MCP will remain a going concern.
    10 May 2013, 04:54 PM Reply Like
  • Michael Bryant
    , contributor
    Comments (5528) | Send Message
     
    Can you post your questions?
    11 May 2013, 08:23 PM Reply Like
  • Whitehawk
    , contributor
    Comments (3129) | Send Message
     
    Michael: Please see the comments/questions here: http://seekingalpha.co...
    12 May 2013, 04:47 PM Reply Like
  • Michael Bryant
    , contributor
    Comments (5528) | Send Message
     
    As for pricing power, it all depends if new mines get produced and how much China exports. So far, they are the only producer outside of China.

     

    Rare earths are not rare. They are just hard to find in concentrations large enough to make it economically feasible to mine.

     

    As for refining, I thought they bought an old Soviet refiner. They are not going to do the refining in California. Environmental laws won't allow it.
    13 May 2013, 12:53 AM Reply Like
  • hrohwer@att.net
    , contributor
    Comments (3) | Send Message
     
    Go Molycorp! Traders have been shorting this stock for a long time, but they forgot that profits would eventually emerge once the production plan manifested itself and production machinery became fruitful. MCP is no different than any other entrepreneurial venture and will increase profitability into the future as well as give China something to compete with on rare earths. :)
    10 May 2013, 10:14 PM Reply Like
  • User 7415811
    , contributor
    Comment (1) | Send Message
     
    But unfortunately profits have not emerged. Just the same old hopes dreams and aspirations for profits.
    11 May 2013, 09:57 AM Reply Like
  • AndrewBaker
    , contributor
    Comments (2371) | Send Message
     
    Molycorp (MCP) [of which I am long] is a vertically integrated miner, refiner and supplier of REE. It's not in a business that many understand as few are aware of what rare earths true potentials are, even if they appreciate the uses to which they are put. Due to this, any hiccup has caused disproportionate falls in its stock price.

     

    Compare this to 3-D Printing (DDD) which soared and fell and started to recover before falling again due, in my humble opinion, to people being able to visualize the product, even as they didn't understand the complexity of actually making 3D printers useful and relevant. 3D printing is an easy concept and idea to assimilate, and so many bought in early, yet there is so much to do yet for this endeavor to have a high growth profitable and viable future (which in time it will have).

     

    Rare earth elements are indispensable, and as high technology widens its grip on so many areas of business through new gadgets of all descriptions and new methods of doing things, they will be needed in ever greater quantities to make the equipment that science makes possible. Alternative materials are hard to find or simply not possible (at least for many years to come), so a business that not only finds, but mines, refines and supplies REE will be in demand.

     

    Molycorp is a long term hold and at its current price, a very oversold stock, and a definite buy.
    11 May 2013, 12:14 PM Reply Like
  • Michael Bryant
    , contributor
    Comments (5528) | Send Message
     
    Have you seen the 3D printed heart? Pretty cool.
    11 May 2013, 08:26 PM Reply Like
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