Molycorp Inc MCPIQ

RE:Molycorp's Loss Is NioCorp's Gain

[montalban]

I wouldn't count your eggs just yet Smitty! Did you "magically" forget the following..."Molycorp is the only advanced material manufacturer in the world that both controls a world-class rare earth resource and can produce high-purity, custom engineered rare earth products to meet increasingly demanding customer specifications. A globally integrated manufacturer, the Company produces a wide variety of specialized products from 13 different rare earths (lights and heavies), five rare metals (gallium, indium, rhenium, tantalum and niobium), and the transition metals yttrium and zirconium. With 27 locations across 11 countries, Molycorp produces rare earth magnetic materials through its Molycorp Magnequench subsidiary, including neodymium-iron-boron (NdFeB) magnet powders, used to manufacture bonded NdFeB permanent rare earth magnets. Through its joint venture with Daido Steel and the Mitsubishi Corporation, Molycorp manufactures next-generation, sintered NdFeB permanent rare earth magnets. The Company also markets and sells a line of rare earth-based water treatment products through its Molycorp Advanced Water Technologies subsidiary." Just like in 1980, outside of China Molycorp is it! As was Coke back then. Today we saw a Fresh 52 week low and according to the stock charts, the direction is Up thereafter. How much higher is conjecture (may be between $6.50 and $7.50 up to December 23rd.?). GLTA