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Valley Boy

Valley Boy
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  • Molycorp Doubles Production: Major Blow for Junior Rare Earth Stocks [View article]
    That is a wild card scenario and an interesting one at that.
    The Redlands Daily Facts gives a good account of that scenario. I'm sure the local politicos will keep monitoring the mine's progress.
    www.redlandsdailyfacts...
    As far as I can tell, Molycorp has removed the drainage pipeline running down Wheaton Canyon to the evaporation pond located at the south end of Ivanpah Dry Lake concurrent with construction of the Interstate 15 widening project in the canyon and pass.
    Wikipedia has updated their overview of the mine.
    en.wikipedia.org/wiki/...
    The EPA website doesn't seem to mention Mountain Pass so far. For comparison, it includes a report on the Colosseum Mine located several miles north of Mountain Pass.
    www.epa.gov/wastes/non...
    The military at Fort Irwin located to the west of Mountain Pass has experience dealing with the tortoise and water matters. Since rare earths have national security significance, I would easily imagine that they have made suggestions to Molycorp about them.
    To keep track of state government influences on the mine, type in the word "Molycorp" on their website, ca.gov.
    Since the mine is situated in an area of intense solar radiation, Molycorp could easily set up solar installations on their mining property. I would be surprised if they have not already done so.
    Jan 26, 2011. 11:38 AM | 3 Likes Like |Link to Comment
  • REE/Strategic Minerals Concentrator, January 25, 2011 [View instapost]
    Sometimes Byron Capital Markets adds their two cents.
    www.byroncapitalmarket...
    Jan 25, 2011. 07:02 PM | 2 Likes Like |Link to Comment
  • U.S. Dollar Can't Find Traction [View article]
    Thanks, that makes sense.
    Jan 25, 2011. 06:01 PM | Likes Like |Link to Comment
  • U.S. Dollar Can't Find Traction [View article]
    Jeff, do you anticipate the HST having an adverse effect on the resource miners within the provinces where it is taking effect?
    en.wikipedia.org/wiki/...
    Jan 25, 2011. 03:32 PM | Likes Like |Link to Comment
  • Molycorp Doubles Production: Major Blow for Junior Rare Earth Stocks [View article]
    Great Western a well rounded company with a good mix of mines and in house rare earth ores processing capabilities. Its market cap is only about one eighth the size of Molycorp. When it needs more capital in the future it can consider selling part of its mining stakes in a couple of its remote mines.
    Jan 25, 2011. 01:14 PM | 3 Likes Like |Link to Comment
  • Molycorp Doubles Production: Major Blow for Junior Rare Earth Stocks [View article]
    Their reserves are like the mother lode of light rare earths.
    Molycorp reported to the U.S. Geological Survey that their reserves are "20 to 47 million metric tons (22 to 52 million tons) of ore with an estimated average grade of 8.9 percent rare earth elements oxide." They are referring to the Sulphide Queen carbonatite body of the Mountain Pass igneous complex.
    I'm sending you the link to the introductory nationwide rare earths map with its hyperlinks.
    pubs.usgs.gov/sir/2010.../
    Jan 25, 2011. 12:59 PM | 3 Likes Like |Link to Comment
  • Molycorp's Valuation Just Doesn't Make Sense [View article]
    Most factors work well in the company's favor. It has joined ventures with Neo Material Technologies and Hitachi Metals about processing its mining output scheduled for next year, for example. The company still needs to purchase a smaller company that has a heavy rare earth deposit. It needs to keep the capital flowing into its coffers while doing so.
    Jan 25, 2011. 11:58 AM | Likes Like |Link to Comment
  • Utilities: Rise of the Forgotten Sector? [View article]
    You might consider Portland General Electric, POR on the New York Stock Exchange, since its stock price is still at a reasonable level. It has abundant sources of hydropower, wind and biomass to compensate for a planned closure of a coal plant scheduled for about ten years from now. It has not had to concern itself with purchasing expensive nuclear power for a good number of years.
    Looking at them in another way, PGE's utility fundamentals have been a factor in attracting technology firms to the Portland area.
    Jan 24, 2011. 05:54 PM | 1 Like Like |Link to Comment
  • Molycorp's Valuation Just Doesn't Make Sense [View article]
    I would guess that certain congressional staffers have reviewed the Critical Materials Strategy by now.
    blog.energy.gov/blog/2...
    Jan 24, 2011. 03:58 PM | Likes Like |Link to Comment
  • Molycorp's Valuation Just Doesn't Make Sense [View article]
    Schumer is the senator who is most outspoken about the supply- demand imbalance.
    senate.gov/general/sea...
    Jan 24, 2011. 01:57 PM | 1 Like Like |Link to Comment
  • REE/Strategic Minerals Concentrator - January 20, 2011 [View instapost]
    The lockup situation and the mine expansion announcement seem to be a bit coincidental. It is interesting to follow their maneuvers about growing the business.
    Jan 24, 2011. 01:51 PM | 3 Likes Like |Link to Comment
  • Molycorp's Valuation Just Doesn't Make Sense [View article]
    That must be a factor in Molycorp's announcement today.
    Jan 24, 2011. 11:43 AM | Likes Like |Link to Comment
  • Molycorp's Valuation Just Doesn't Make Sense [View article]
    A lot of news and commentary is going on in the current instablog about Molycorp. Scroll down to the bottom half of the instablog.
    seekingalpha.com/insta...
    www.businesswire.com/n...
    Jan 24, 2011. 10:55 AM | 1 Like Like |Link to Comment
  • Molycorp's Valuation Just Doesn't Make Sense [View article]
    In the Seeking Alpha website where the search box is, type in the word "tripleblack" in order to reach Tripleblack's instablog. You'll find some good discussions in that instablog about Molycorp's pricing levels as well as commentary about the prospects for other strategic metal stocks.
    Jan 24, 2011. 09:49 AM | 1 Like Like |Link to Comment
  • Molycorp's Valuation Just Doesn't Make Sense [View article]
    I haven't come across any news about any environmental agitation about the mine so far. Molycorp is working on cleaning up the area while it is modernizing the facility. The necessary permits were finalized a few weeks ago. You can keep track of the permitting process and other issues by typing the word "Molycorp" in the search box within the state government website, ca.gov.
    For comparison, Molycorp's old molybdenum mine in New Mexico is undergoing cleanup efforts made by Chevron, the new owner.
    www.huffingtonpost.com...
    Jan 24, 2011. 09:03 AM | Likes Like |Link to Comment
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