Sunday, July 24, 2011
In the Zone
$MCP - Molycorp, Inc.
Molycorp, Inc., a development stage company, focuses on the production and sale of rare earth oxides from stockpiled feedstocks in the western hemisphere.
The company operates the Mountain Pass mine, a non-Chinese rare earth deposit located in San Bernardino County, California. Its rare earth products are used as inputs in various existing and emerging applications comprising clean energy technologies; multiple high-tech uses; defense applications; and water treatment technology. The company was founded in 2008 and is headquartered in Greenwood Village, Colorado.
Please keep (MCP) Molycorp, Inc. on your weekly watch list for a price move above $62.10 - $62.15 on heavier than average daily trading volume of 4.76 million. This stock is not a buy recommendation please do your own due diligence or get help from a professional before trading.
By: Marlin Rolle
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