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Friday, 10/29/2010 9:03:50 AM

Friday, October 29, 2010 9:03:50 AM

Post# of 83
Rare Earth & Strategic Metals ETF Slips in Debut

http://www.resourceinvestor.com/News/2010/10/Pages/Rare-Earth--Strategic-Metals-ETF-Slips-in-Debut.aspx?channel=7

Interesting snippet ..

"The launch was reminiscent of the last major initial public offering in the rare earths sector when Molycorp Inc. saw its share fall 8.2% to $12.85 in its first day of trading on the New York Stock Exchange in July. Molycorp has since traded as high as $40.90, a level reached early Thursday. It ended trading for the day down 12.11% to $33.89."