Thanks for that, even if Yahoo! makes this sound worse than it is. They speculate that Molycorp will be delisted, which I don't think is very likely at all, and they never mention China's interference in the rare earths market, nor the fact that what little we have in this country is considered a "stategic asset".

The article must have been write by Yahoo! intern, because it comes across as if Moly will be liquidated tomorrow, and that's far from the truth. They will be re-organized so as to be better able to handle their debt. They are still operating, and will be for some time to come.

http://www.uscourts.gov/services-forms/bankruptcy/bankruptcy-basics/chapter-11-bankruptcy-basics

Also, this news is today having only a minor effect Moly's share price, which was lower in January. Shareholders are not bailing out today, despite the misguided rhetoric from Yahoo!

Besides, and IMO, this news has no effect on LBSR's future for now, even if drilling comes soon to Hay Mountain.

In conclusion, should REEs every be produced from SE Arizona, I would expect that ore to be processed by Molycorp at Mountain Pass, which is just across the border the border in California.

VP

By the way, Nord has been stripped of their assets, but are still listed. Depends on the exchange, I guess.