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GMO files chapter 11

  1. #1
    Ghost Black Hole
    October 1, 2020

    LAKEWOOD, CO / ACCESSWIRE / October 1, 2020 / General Moly, Inc. (the "Company") (TSX:GMO), the only western-exchange listed, pure-play molybdenum mineral development company, today announced that the staff of NYSE Regulation has determined to commence proceedings to delist the Company's common stock from the NYSE American Exchange. Trading in the Company's common stock has been suspended.

    Well folx it happened. It looks like the pandemic has killed General Moly, the greatest company ever, just a little too early. They could have made TRILLIONS mining moly, a metal needed for space components. 5 years ago I would have invested every penny into GMO because I never expected a pandemic would shit fuck the global markets and make peculiar ventures like molybdenum mining become unprofitable.

    It's real sad how local mom and pop business as well as large multi million dollar mining companies are going through rough times as well. They just wanted to mine space metals man.

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