Molycorp (MCP) said yesterday it has completed its takeover of Canadian rare earth processor Neo...


Molycorp (MCP) said yesterday it has completed its takeover of Canadian rare earth processor Neo Material Technologies, creating an integrated mine-to-magnetics company. It's a win-win, analyst Jon Hykawy told clients, as "not only should it significantly improve Molycorp's earnings but it also de-risks the start-up of Molycorp's own (processing) facility."

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Comments (3)
  • OptionsTrader555
    , contributor
    Comments (4) | Send Message
     
    Molycorp MCP is a Buy here. The stock will trader over 30 within twelve months.
    -William
    12 Jun 2012, 01:10 PM Reply Like
  • Botout
    , contributor
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    It would have been better not to make the acquisition as paid too much. Vern
    13 Jun 2012, 02:41 AM Reply Like
  • glve795
    , contributor
    Comments (2) | Send Message
     
    watch mcp go. aug the climb starts.
    13 Jun 2012, 06:06 PM Reply Like
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