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Alias Born 10/17/2006

Re: hingfdiuh post# 2974

Tuesday, 09/16/2014 12:27:37 AM

Tuesday, September 16, 2014 12:27:37 AM

Post# of 7522
Someone very helpful person told you why to avoid this over a year ago. The prices that Molycorp can charge are way down from where they were years ago. Molycorp mistakenly chose to expand when their was a glut of product from China.

Now they have so much debt the current common stock will probably not survive.

You can go here and see graphs of the price declines: http://www.metal-pages.com/metalprices/rareearths/
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