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Re: pennytrader2 post# 3456

Sunday, 02/22/2015 8:02:39 PM

Sunday, February 22, 2015 8:02:39 PM

Post# of 7522
You are correct no bankruptcy here. Insiders and major holders and institutions haven't sold any shares in over a year only bought. The company is significantly undervalued. My opinion we will have a blue sky breakout very soon. I see this as a geopolitical play. The U.S. And China ending up at war and in order to make weapons you need rare earth metals which Molycorp is producing. Molycorp owns the largest producing mine outside of China and it is reducing its costs and doubling production while rare earth prices are starting to skyrocket. Seeking alpha did an article on how apple may get put on the wrong end of the bench because they need rare earths for their products which I think they will soon get from moly!

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