LYC lynas rare earths limited

molycorp up more than 7% overnight, page-2

  1. 1,176 Posts.
    Apart from the fact that the author is a college kid with a gmail newsletter and no website or experience of any kind, "The Strategist" as Jon Christian Evensen calls himself is a shameless Moly pumper. He rarely gets his facts right and sees Moly as perfect in every way.

    But the most interesting thing I found in this article was not Strategist's use of the royal "we" or his ability to parrot Smith's press release comments. It actually was the photos.

    Moly is now four full months into Project Phoenix. The only sign of any project was one photo where the caption reads "Notice the flat plateau foundation being constructed in the background of the current facility, that should be completed in three months at which point a significant portion of the new facilities will be constructed on that foundation."

    In the picture we see some grading to some already flat desert land. That took Moly four months? And if we believe Strategist it will be three more months before concrete work can start? And this whole Phoenix thing will be built and start commissioning in July 2012?

    I think Moly should plant avocado trees on that flat plateau. They'll get the avocados (takes 12 years to fruit) sooner than REE at this construction rate. And the trees will grow like jungle vines with what Moly is putting in their press releases IMO.
 
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