General Moly, Inc., a development stage company, engages in the exploration, development, and mining of properties, primarily containing molybdenum in the United States. Properties Mt. Hope Project The company’s primary asset is an 80% interest in the Mt. Hope Project, a primary molybdenum property, located in Eureka County, Nevada. The Mt. Hope Project contains proven and probable molybdenum reserves totaling 1.4 billion pounds. The Mt. Hope Project consists of 13 patented lode claims and 1 millsite claim, which are owned by Mount Hope Mines, Inc. (MHMI) and leased to Eureka Moly, LLC (the LLC), and 1,521 unpatented lode claims, including 109 unpatented lode claims owned by MHMI and leased to the LLC and 1,412 unpatented lode claims owned by the LLC. Liberty Property The company wholly owns molybdenum project, the Liberty Property, located in Nye County, Nevada. Other Mining Properties The company also has mining claims and land, which consist in part of approximately 107 acres of fee simple land in the Little Pine Creek area of Shoshone County, Idaho; 6 patented mining claims known as the Chicago-London group, located near the town of Murray in Shoshone County, Idaho; and 34 unpatented mining claims in Marion County, Oregon, known as the Detroit property. Strategy The company's business strategy is to acquire and develop highly profitable advanced stage mineral deposits. History General Moly, Inc. was incorporated in 1925.
general moly inc (GMO:NYSE Amex)
1726 Cole Boulevard
Lakewood, CO 80401
|No competitor information is available for GMO.|
|View Industry Companies|
|Price/Cash Flow||--||Not Meaningful|
Sponsored Financial Commentaries
To contact GENERAL MOLY INC, please visit www.generalmoly.com. Company data is provided by Capital IQ. Please use this form to report any data issues.