RE: oooo the chinese are comming!!!!
"2. A Chinese major will not be allowed to own more than 50% of CuMo as it is considered a strategic asset and would come under the joint committee of foreign investment in the US and they would deny such a large ownership."
The US government does not presently designate Molybdenum as a strategic metal (China did so in 2011).
That being said, if a foreign goverrnent/foreign government entity (most Chinese major mining companies are allied with/financed by the Peoples' Republic of China) were to offer to buy out TCM as an example, then I'm sure that the US government would look very closely at the deal.
Should a Chinese major/minor with ties to the PRC want to buy out an undeveloped ore body such as CUMO, then I doubt if the US government would get involved (see sale of Pine Tree to IEMR) at this early stage.
However, if prefeasibility were reached, then the US government might take another look. Governments (whether the US or China) do have utlimate control, and I doubt if the US would hesitate for one second to restrict shipments outside of the US if the export of raw material would endanger the US economy by creating an artificial shortage...which could be rectified by reimporting that US-sourced raw material or made-in-China-from-US-raw-material finished goods (steel, etc.)back into the US at an exorbitant price..