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Molycorp's CEO Discusses Q1 2012 Results - Earnings Call TranscriptThu, May 10, 2012 • 2 Comments
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Molycorp's CEO Discusses Q4 2011 Results - Earnings Call TranscriptThu, Feb 23, 2012 • 4 Comments
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Molycorp's CEO Discusses Q3 2011 Results - Earnings Call TranscriptThu, Nov 10, 2011 • 4 Comments
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Molycorp CEO Hosts Analyst Day - Conference Call TranscriptThu, Oct 20, 2011
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Molycorp CEO Discusses Q2 2011 Results - Earnings Call TranscriptThu, Aug 11, 2011
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at MarketWatch.com (May 9, 2013)
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at CNBC.com (May 9, 2013)
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at MarketWatch.com (May 9, 2013)
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at MarketWatch.com (Mar 13, 2013)
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at CNBC.com (Mar 12, 2013)
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at CNBC.com (Feb 28, 2013)
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at CNBC.com (Feb 22, 2013)
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at CNBC.com (Jan 23, 2013)
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at MarketWatch.com (Jan 10, 2013)
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at MarketWatch.com (Jan 8, 2013)
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at MarketWatch.com (Jan 8, 2013)
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at CNBC.com (Jan 2, 2013)
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at MarketWatch.com (Dec 12, 2012)
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at CNBC.com (Dec 12, 2012)
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at MarketWatch.com (Dec 11, 2012)
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at CNBC.com (Dec 11, 2012)
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at MarketWatch.com (Dec 10, 2012)
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at CNBC.com (Dec 4, 2012)
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at CNBC.com (Nov 23, 2012)
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at MarketWatch.com (Nov 9, 2012)
MCP vs. ETF Alternatives
Company Description
We are the only REO producer in the Western hemisphere and own the world’s largest, most fully developed rare earth project outside of China. Furthermore, following the execution of our “mine-to-magnets” strategy and completion of our modernization and expansion efforts, we expect to be one of... More
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- | Earnings
- | Dividends
- | M&A
- | On the move
- Monday, November 12, 2012, 10:18 AM After slumping 13% Friday on disclosure of a SEC investigation, Molycorp (MCP -9%) continues lower today. Dahlman Rose also notes MCP reported a $150M increase in capital expenditures; the firm sees 2013 as a transitional year, where cash management and project execution will be crucial in unlocking the value of Mountain Pass without the need for additional capital. 10 Comments [Commodities, On the Move]
- Friday, November 9, 2012, 11:38 AM Molycorp (MCP -4.4%) resumes trading after a brief halt, as an SEC filing discloses an SEC investigation regarding the accuracy of disclosures of certain sales of stock by officers, directors and private equity firms, as well as certain corporate acquisitions during 2011. 7 Comments [Commodities, On the Move]
- Thursday, November 8, 2012, 6:22 PM Molycorp (MCP) CEO Mark Smith says in the Q3 report that expansion of the Mountain Pass rare earth project in California is on track to be completed by the year-end, but warns the cost likely will exceed the $895M budgeted. Mountain Pass is expected to produce more than 19K metric tons/year of rare earths at its Phase 1 capacity, with the potential to expand output up to 40K/year. 2 Comments [Commodities]
- Thursday, November 8, 2012, 6:02 PM Molycorp (MCP): Q3 EPS of -$0.05 beats by $0.08. Revenue of $205M (+48.9% Y/Y) misses by $42M. Gross profit fell Y/Y as a result of significantly lower pricing and increased production costs, offset by increased volumes. Shares +6.5% AH. (PR) Comment! [Commodities, Earnings]
- Friday, October 26, 2012, 7:27 AM Shanghai (-1.7%) suffers its biggest decline in weeks, hit by a string of poor earnings reports. Baotou Rare-Earth -7% as it cuts output amidst declines in rare-earth prices. (MCP -1.2% premarket). Maanshan Steel -4.4% after posting a loss that doubled consensus estimates. The country's largest maker of flat panel TVs - Hisense Electric - down 10%, hit by the mix of higher panel costs and lower finished product prices. 1 Comment [Global & FX]
- Wednesday, October 24, 2012, 9:42 AM Molycorp (MCP +3.8%) is upgraded to Buy from Hold at Dahlman Rose, which sees long-term value through its planned 400% production ramp-up at the high-grade Mountain Pass and its ownership of key downstream facilities. Rare Element (REE +1.2%) also rises even as the firm cuts shares to Hold on valuation, as China's Baotou Steel suspends production for a month to try to stem falling rare earth prices. Comment! [Commodities, Quick Ideas, On the Move]
- Friday, October 19, 2012, 5:19 PM China's grip on the rare earth market may be slipping, Brad Plumer writes. Two years after China's move to restrict its export quota by 40% - making it economical for other countries to start boosting their own production - the market has adjusted. As a result, rare earth elements simply aren’t as rare as they once were. 5 Comments [Commodities, Global & FX]
- Wednesday, September 19, 2012, 10:41 AM As the Arctic melts, the scramble is on for oil, gas and rare earth minerals as they become newly accessible along with increasingly navigable polar shipping shortcuts. So it's no surprise that China is becoming a far more aggressive player in the area, provoking alarm among Western powers. Rare earth names are slightly higher: MCP +1%, AVL +1.7%, REE +0.8%. 14 Comments [Commodities, Global & FX]
- Friday, September 14, 2012, 9:49 AM Ford (F) says it’s cutting consumption of rare earths used in its hybrid and electric cars by 500K lbs./year and will save hundreds of dollars per car in the process. But shares of rare-earth leader Molycorp (MCP +5.6%) shoot higher anyway, adding to gains a day after China announced a 40% cut in the number of permits to mine rare earths. REE +5.7%, AVL +4.5%. 8 Comments [Commodities, On the Move]
- Thursday, September 13, 2012, 11:38 AM Molycorp (MCP +4.8%) shares rip higher on a report that China is reducing rare earth mining licenses by 40%. The number of licenses had been 113, according to Securities Journal. The news is seen as positive for companies holding existing licenses as future competition may now be limited. Also on the move: REE +3.4%, AVL +2.6%. 5 Comments [Commodities, On the Move]
- Friday, August 31, 2012, 12:04 PM Molycorp (MCP +4.5%) has enjoyed substantial recent insider purchases, according to Insider Monkey. Director Ross Bhappu’s Resource Capital bought 2.5M shares at an average $10/share, CEO Mark Smith directly purchased 50K shares, and the company’s CFO and another board member also added shares. Comment! [Commodities, On the Move]
- Wednesday, August 29, 2012, 9:41 AM Molycorp (MCP +4.3%) continues its recent rise after shares are upgraded to Buy from Hold at Gabelli, which cites the recent financing to provide liquidity through H1 2013 and hitting milestones to get Phase 1 production online on time and on budget. Although rare earth prices remain weak, the firm says much of the risk already is reflected in the share price. 4 Comments [Commodities, Quick Ideas, On the Move]
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Wednesday, August 29, 2012, 9:10 AM
Premarket gainers: JOSB +14%. TEAR +8%. MCP +6%. TFM +5%.
Losers: ARQL -26%. WCRX -22%. DY -17%. JASO -9%. FRO -8%. Comment! [On the Move] - Tuesday, August 28, 2012, 3:44 PM Molycorp (MCP +13%) is among today's top gainers on news that its California facility had begun to produce heavy rare-earth concentrate from freshly mined ore and is on track to achieve full Phase 1 production rates in Q4. But Paul Ausick reminds that by next year, the supply of rare earths will more than double the amount now on the market, and some companies are developing substitutes. 1 Comment [Commodities, On the Move]
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Tuesday, August 28, 2012, 9:10 AM
Premarket gainers: SBX +33%. MOV +15%. CYBX +9%. PVH +5%. MCP +5%.
Losers: CPRX -22%. Comment! [On the Move] - Monday, August 27, 2012, 4:27 PM Molycorp (MCP) +5.3% AH after announcing the start-up of operations at its Project Phoenix facilities at Mountain Pass, Calif., which will produce heavy rare earth concentrate to be processed into high-purity, custom-engineered heavy rare earth products. An on-site combined heat and power plant will begin feeding power and steam this week to the facilities. 11 Comments [Commodities, On the Move]
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Michael Bryant
If you want to bet on Molycorp ($MCP), I think its preferred shares are a much safer bet. They yield 13%. http://onforb.es/UDo0FP - View all 0 replies
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John Rayhall: Stock is crazy they may release some PR that will make it shoot up in the future let's see.
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Seppo2
Good news for $MCP "China's Sets First Round of 2013 Rare Earth Exports 27% Below 2012" http://mwne.ws/Xie60W - View all 1 replies
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John Rayhall: Looks like my pateince may pay off let's see what happens.
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Youngone91: china is cutting down production, lynas may lose its license, MCP's success is a matter of national security IMO
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LATEST REPLIES
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Cato the Elder: Got in @ 10.05....If it goes to 8, I'm doubling down...The Feds see Mountain Pass as a strategic asset. It's a safe bet for the long haul. -
whitehead1: If you are buying for the long term wait until their next earning report. Buying with time element works better then price element .
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neobliviscar: Market Maven: Make that Wharton or U Chicago where they do harder CFO finance. FB _is_ much more Harvard softee CEO case. -
neobliviscar: Ps.... Go Wharthogs! (Yes, spelled correctly) My favorite type of "Crimson" is their blood on a field.
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Scott Matusow: that was why I shorted it in part last year Ocean and a lot of main point in my feature article on it a few months ago.
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Ocean Man: I read your article, that was a good call, and funny how so many people angrily disagreed with you.
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Justin M. Hall
7/15/12 10:44P ET: Interest in Rare Earths Returns - It's Time to Buy (MCP, REE, AVL) http://bit.ly/Sxgw5S - View all 6 replies
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Mercy Jimenez
Stopped watching MCP for a trade; IMHO sinking deeper; it is not the quality company I am willing to get "stuck" with for awhile if need be - View all 14 replies
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Scott Matusow
Think I will be wrong about $OMPI like I was about MCP when everyone was buying it up @ http://bit.ly/wpLeIV ? - View all 10 replies
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Scott Matusow: Ya, shorts have a reason, if they know something, then were is the put activity? only a few puts bought. very small amount.
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Michael Bryant
I assume Molycorp (MCP) will fall further with the put/call ratio at 1.35. But one does wonder how low can it go with a PE ratio of 3. - View all 1 replies
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Bob de'Long: $80 a year ago; $11.50 now. What's that old saw about mining stocks? The only ones that get the gold are the ones who issued the stock.
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Mercy Jimenez: Good luck Chuck; you may also be interested in REE Concentrator link I posted below by someone who is very knowledgeable in this space
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Mercy Jimenez: 3 months ago $26ish=in realm; 1 yr ago $60= dreaming; China's manipulation RE prices down recently; JPM downgr but prod guidance intact
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Mercy Jimenez: IMHO, however LYSCF undervaluation much greater -- although Malaysian political risk still at play.
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neobliviscar: Mark that $13 now. I knew this stock a risky one the way MCP has gone financially All-In on future rare-earth prices, but $13? Ugly chart.
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Michael Bryant
Molycorp (MCP) reports earnings on August 2nd, Shares look like they are ready to surge. http://yhoo.it/LSawED;c= - View all 1 replies
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neobliviscar: Neither do I, nor does MS and BAC to its institutional buyers. However, maybe it is just their version of making Buttock-Muppets of us all.
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Garfield23
sorry guys, but MCP is still a dud, I sold my shares on this last little pop...probably look again when its at 19...as it was two days ago - View all 2 replies
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pablo63: one of the only few names positive today....remenber few monts ago it was 37...
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