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  • Conspicuously absent from Mark Smith's resignation announcement was any mention of the SEC investigation over the accuracy of Molycorp's (MCP) disclosures. The take from 24/7's Jon Ogg: "To announce that a CEO has left the company with no explanation in the midst of a regulatory investigation is not in good taste at all. It could even be alarming." MCP -5.3% AH.  [View news story]
    What should anyone be afraid of? Profits? Lynas is in obvious deep trouble in Malaysia, unlikely to produce any significant amount of REO in 2013. This should help prices and MCP should be able to take advantage of an easy homerun situation like that. Let's hope they'll find a better CEO than the last one.
    Dec 11, 2012. 11:01 PM | Likes Like |Link to Comment
  • These CEOs Just Made Some Very Bullish Insider Purchases  [View article]
    I'm very sure MCP is better off without Mr. Smith. If Smiths personal failures were responsible for the SEC investigations the stock has two reasons to rise.
    Dec 11, 2012. 10:53 PM | Likes Like |Link to Comment
  • 3 Rare Earth Companies Ramping Up Production  [View article]
    "PRC" was a quote from Doc, but sure:))
    Sorry for the late reply. Too little time for digging but MPC looks like a good buy now with a CEO on the way that hopefully has no criminal instincts...
    Dec 11, 2012. 10:46 PM | Likes Like |Link to Comment
  • 3 Rare Earth Companies Ramping Up Production  [View article]
    Obama will take care of it.. JUST KIDDING! But seriously: From Germany I consider Arnies PRC much safer as Malaysia where you put most of your money. I'm still watching the RE story at the sidelines. The last two days have not caused a desire to buy. First Lynas with a double trading halt, then MCP with another loss and today they come out wit a SEC investigation that has started in August! This is quite a scandal imo because it is well possible that a bigger player has been able to short this stock for month at no risk.
    Nov 9, 2012. 02:36 PM | Likes Like |Link to Comment
  • 3 Rare Earth Companies Ramping Up Production  [View article]
    Looking at MCP Q2 financial tables shows how expensive the production of REO really is. MCP might still enjoy LREE prices above $10/kg for a few month so all depends if they can battle the costs down well below $5/kg quickly. As for LYSCF I can't understand how anyone can still think that this company could ever make a dime with high cost structures, a catastrophic management and ongoing sovereign risks. Best chances for GWG (?) if dilution is coming to an end.
    Oct 17, 2012. 05:39 PM | 1 Like Like |Link to Comment
  • Rare Earth Prices Diverge As Supply Improves (Part I)  [View article]
    The bursting of the LREE bubble make companies like MCP and especially LYSCF look stupid. Together they have invested billions for ending up with loads of Lanthanum and Cerium that can both drop well below one dollar/kg as the hunt for HREE continues. MCP is likely to be held up for strategic reasons, the chances of LYSCF are close to zero if the price decline continues.
    Oct 17, 2012. 04:55 PM | Likes Like |Link to Comment
  • Why Aren't Equity Investors More Nervous?  [View article]
    Why should anyone still listen to rating agencies after their AAA-show has caused the financial crisis just a few years ago? With the US and parts of Europe in deep debt trouble investors simply prefer stocks over cash (especially if its US-$ and €) these days. This is not only a good way to cope with high inflation, but a safe place to place your values just in case a "big solution" should be announced.
    Jul 9, 2011. 11:14 AM | 1 Like Like |Link to Comment
  • Molycorp Positioned for a Fresh Rally  [View article]
    The reason for MCP being ready to rumble is its main competitor outside China really has some serious problems in Malaysia. With Lynas facing a production delay of at least 2 years MCP has best chances to win the race now.

    Overall valuation still high in the REE sector but the midterm supply shortage will more likely get worse than better pushing prices higher with possibly another strong boost if Lynas has to announce further delays.
    Jul 9, 2011. 10:42 AM | Likes Like |Link to Comment
  • Why Goldman Sachs Is Dead Wrong on Rare Earths  [View article]
    I would not touch Lynas at the moment. It looks like a 2-3 year delay in Malaysia. They have problems with construction, no license and protesters become louder as we speak with elections coming in 2012.

    My picks are MCP, Alkane and REM
    Jul 9, 2011. 08:52 AM | Likes Like |Link to Comment