Anyone following Molycorp (MCP)? It's on a huge upswing over the past week! Future potential?

Molycorp mines for Rare Earth metals, which are necessary for the production of cell phones and many other devices. There have been posts in the past about this company, dating back a year or more, and since that time it has been beaten down by sluggish results/internal problems. The company has potential though, and seems to be rebounding a bit, with some good news: http://ift.tt/1HKBN9j

Any thoughts on this company and Rare Earth mining in general?

Submitted February 13, 2015 at 11:55AM by makvaf http://ift.tt/1vqZmcu