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    market news

    General Moly rallies 20%

    Investing News Network
    Oct. 29, 2010 05:45PM PST
    Industrial Metals

    Proactiveinvestors.com reports that General Moly’s (NYSE:GMO, TSX: GMO) shares up more than 20%.

    Proactiveinvestors.com reports that General Moly’s (NYSE:GMO, TSX: GMO) shares up more than 20%.

    The market news is quoted as saying:

    Earlier this week, General Moly announced that the company amended its previous agreement with Hanlong, agreeing that the publication of the Mt. Hope molybdenum project’s draft environmental impact statement (DEIS) was no longer a condition to complete the first-tranche $40 million equity investment from Hanlong.

    Click here to access the entire news

    market newsnyse:gmo
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