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Gold/Mining/Energy : MP Systems Corp. (formerly Molycorp)
MCP 30,550-6.9%Nov 5 4:00 PM EST

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To: sense who wrote (18)2/25/2013 7:16:21 PM
From: feedmindanaochildren  Read Replies (1) of 111
 
I am curious as to what their book value is at this point. Looking at the December, 2011 numbers there appears to be $6.00 per share in stockholder equity with about $4.00 per share in current assets. If those numbers are close to that when the 2012 year end numbers are released then I would think that buying a stock at it's book value is a rather attractive situation despite how ugly the chart may appear.
I also see that the largest shareholder just bought 15,000,000 shares at $6.00 per share last month, increasing his position to over 30,000,000 shares.
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