/biz/ - Business & Finance

Anyone else still holding GMO? I got out after making some money around the dollar mark and bought again when it went down to .19. It's up to .32 now so I'm happy but that just looks like the quarterly report indicated some Chinese investors are able to keep it afloat longer.

Is there any hope molybdenum prices will ever go up and make this viable or should I just take my 50% profit and walk? I'll probably hold but this seems like such a long term thing. Maybe one day moly prices will go up.

Discuss.

CAPTCHA: orstree discus

OFFICIAL /BIZ/ STOCK: GMO

Come and invest with your fellow /biz/raelis in GMO, /biz/ official stock that cheap enough for those of us with a few hundred extra in our disposable income budget.

About GMO: http://www.generalmoly.com/properties.php

>Mt. Hope Project is the Company’s flagship project, containing approximately 1.3 billion pounds of proven and probable molybdenum reserves.

>The Liberty project is the Company’s second project, containing over 700 million pounds of moly and nearly 900 million pounds of copper in NI 43-101 compliant mineral reserves and provides the Company with a significant growth profile.

So come join your fellow /biz/raelis in our official stock pick so we can win or lose together!