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June 1, 2009 / Jeb

GMO Update General Moly

General Moly had a major follow through today closing near the high on huge volume.  If you were following since last Wednesday you would have a nice profit.  I believe this company could run to at least 4.25.   It seems as though institutions are piling into this stock.   China is importing molybdenum as their demand is increasing significantly and the markets worst case scenarios are in the rearview mirror.gmo 6-1

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