Replies to post #2639 on Molycorp.Inc. (fka MCPIQ)

[iheartweimers]

The root cause of MCP debt is bad management, mostly by
Mark A. Smith, who wanted to go ahead and built additional
capacity although the market value of the metals MCP could
produce was rapidly dropping. Constantine Karayannopoulos,
who did know how to manage this type of company, was too
late to save it. They need to cut costs, Denver is a good city
to hold an annual meeting in, why go to Toronto? They need
to get underwriters and have a Special Public Offering, not
dilute the stock by 100%. Not only will they flirt with BK, they
will be delisted. That will be very soon anyway. My prediction
is that it will be a private Chinese owned company in a year.
Neo will be spun off sooner than that.

[docrew0]

2014 MOLYCORP, INC. Annual Meeting of Stockholders

MEETING DATE: June 25, 2014
For Holders as of: May 1, 2014


"Authorization to do something doesn't mean they will." I think it's going to happen its just a question of when? If that is the general scope of the meeting I don't know what to say guys. The fund raising may come sooner than we thought.