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  • Peru will help Southern Copper (SCCO) and Newmont Mining (NEM) accelerate projects delayed by community protests, local reports say. The government reportedly will set up community consultation groups as it assesses the environmental impact of SCCO’s Tia Maria project, and NEM’s Conga project will receive a boost when it completes water and irrigation projects.  [View news story]
    Hope abides
    Dec 23, 2012. 03:53 AM | Likes Like |Link to Comment
  • 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.  [View news story]
    Just looonnggg on MCP. Talked myself into buying when it was high. Must now wait...forever?
    Oct 26, 2012. 05:32 PM | Likes Like |Link to Comment
  • 3 Reasons Why Molycorp Will Not Be Acquired  [View article]
    Although their are other REE's out there in the world, none of them are currently as viable as Molycorp. MCP has all the equipment rolling, and I like a company that has a pretty good lock on an industry. It becomes like one of those great stocks you buy when you've found a 'monopoly'. I bought in when it was at $34, and it appears I got burned. BUT, I am looong on MCP, and I like the prospects whether or not PELE has move in next door.
    Sep 29, 2012. 04:50 AM | Likes Like |Link to Comment