General Moly (NYSEMKT:GMO)

CAPS Rating: 3 out of 5

The Company is in the business of the exploration, development and, if warranted, the mining of properties containing molybdenum, as well as silver, gold, base metals and other specialty metals.

Recs

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Player Avatar FastTradinOutlaw (< 20) Submitted: 5/14/2009 2:48:53 AM : Underperform Start Price: $1.56 GMO Score: +198.65

rely completely on mount hope, Investors will lose entire investment, Cannot get financing, will dilute shares by a lot for financing, Will not conseve enough cash because they pay themselves repulsive saleries, there partner will stop making payments (pos-minerals), reserve estimates uncertain, They can be challenged and lose their right to the mount hope, Your talking investing in their 80 million then if they are success getting diluted by 1 billion dollars. And ya they spend all investors money on 1 million a year salary and worthless museams that make 0$.

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