Comments on: Why Did Molycorp Buy Silmet And Was It Worth The Money?

By: Marc

Marc — Thu, 23 Feb 2012 13:47:59 +0000

Jack,

Thank you for your article.
Regarding your scepticism about Silmet’s performance, have you found any evidence to support it?
Or do you still think Silmet will not equal (on the short/medium term) Less Common Metal metal-making performance?

By: prescient11

prescient11 — Sun, 17 Apr 2011 18:59:03 +0000

Fran,

What I had meant is I think a lot of people expected MCP to take out Neo. Obviously I don’t think that’s happening now. Cheers!

By: kev

kev — Sun, 17 Apr 2011 12:01:15 +0000

how about, Stans Energy is it worth to invest ?

By: paul

paul — Sun, 17 Apr 2011 09:52:15 +0000

you stated : I want Americans to have good jobs and to maintain American standards of living and well-being before any American taxpayer funds are used to help others to do the same. Is that too much to ask of a government?
are you aware that there is a possibility that the money of American investors will go to EU. therefore your sentence might be in contradiction

By: higirl

higirl — Sat, 16 Apr 2011 16:07:26 +0000

because you are not supernatural to understand everything…… I am adding to your list of questions: why do you think you should know everyone’s deal behind door
you should try to be more objective.
can understand your view since you are long on GWG to promote them…

By: fran

fran — Fri, 15 Apr 2011 22:15:29 +0000

PRESCIENT11–

by Neo, do you refer to NEM.TO? if so, why would Neo want to purchase SILMET?

By: prescient11

prescient11 — Tue, 12 Apr 2011 19:56:42 +0000

Jack,

I agree with Dr. Olson. Biggest thing Silmet gives them is a PERMIT to actually do it, and enhances separation capacity by 3,000. So now MCP can supply 6,000 to the market from its stockpile.

Beyond that, not sure what it gets them, although a purchase is definitely out for Neo.

By: Chris

Chris — Tue, 12 Apr 2011 12:27:27 +0000

Jack,
Thanks you for such an insightful article. I have read your other articles on Seeking Alpha as well and I see that you are currently long GWMGF. Can you share the reason you chose this over the others?

By: robert olson

robert olson — Sun, 10 Apr 2011 00:06:10 +0000

One of the main reasons for Silmet purchase is an insurance policy vs. Obama/Boxer EPA.

Molycorp is not going to allow Obama in an election year to kill them again?

Molycorp stock shall double again this year despite the expected economic coming this May.

Congrats to Mark Smith.

As well as Molycorp is doing, watch when Western Mining finally lands the Japanese deal of the century, and the tiny Australian REE miners climb this “wall of needless worry”.

For example, one of the safest stock investments going forward is Alkane, up a mere 1,000 percent in the last 52 weeks, and is going much higher this year.

Oh, why did Lynas put the REE finishing plant in Malaysia. Could it be due to the Australian Greens (EPA)? Sounds like a Molycorp “Silmet” play to me?

Again congrats Mark Smith. You are the American CEO of 2011 and a realist in the Obama years.

By: fran

fran — Sat, 09 Apr 2011 03:43:13 +0000

mr. lifton–

key members of the board of directors/ major stock controlers[TRAXYS] would be involved?

your question- TRAXYS involvement? is a good one which needs an answer.

this would not be the first instance for suspicions of the BOARD’S arms length process and less than acceptable minor shareholer representation.

but, as always

CAVEAT EMPTOR