General Moly, Inc. (GMO) Awaits BLM Recommendations, Chinese Concern Considering Full Funding
Having a deep pocketed investor and customer waiting in the wings is always an advantage when a company is working in a less than certain marketplace. It is also an advantage if this investor typically take the long view and does not expect next quarter profits. As an individual investor, finding a company that has this type of investor waiting is a good way to profit as those with the big cash usually have a solid idea of what will likely happen. General Moly, Inc., a molybdenum (moly) exploration, extraction and development company, works to find and extract molybdenum ore…