Molycorp has been slowly advancing over the last few months
In comparison Lynas has been slowing retreating
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However the turmoil in Molycorp because of board resignations due to the pending SEC investigation, that is looking into the accuracy of some of the company's financial isclosures could give a boost to Lynas's share price once the dust has settled on Wednesday court hearing in Malaysia
If the Molycorp disclosures to the market have not only been inaccurate but downright false, the viability of the company continuing in its current form could be problamatic
One less player in the market place would certainly put a rocket under the share price of Lynas Corporation
LYC Price at posting:
56.0¢ Sentiment: LT Buy Disclosure: Held
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