The Rising Influence of Rising Affluence

[DewDiligence]

Molycorp Inc. (MCP) surged 9.6% to $30.96, the highest price since it went public in July. The owner of the world’s largest non-Chinese deposit of rare-earth metals rose after China’s Ministry of Commerce said the country’s medium and heavy rare earths reserves may last 15 years to 20 years at the current rate of production, possibly requiring imports.

http://www.bloomberg.com/news/2010-10-18/aga-medical-h-r-block-prologis-petmed-u-s-equity-movers.html

Notwithstanding the above, the cautionary remarks in #msg-55194118 continue to apply, IMO. No position.