Morning Miners!
It's Saturday and I don't give a hoot. RBC Capital downgraded General Moly (GMO) yesterday to "under perform" in it's sector. They did, however, raise this year's price target to $1.30 from $1.00. Their new number is close to the trading highs this week. The ole Colonel has a buy order on these guys if they dip back to $0.76.
Heck, Citibank was trading at $1.00 not too long ago. I'd much rather invest in Mt. Hope!
Have a good weekend and Cheers,
Colonel Possum
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