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URL:  http://boards.fool.com/molycorp-insider-buying-30519182.aspx

Subject:  Molycorp insider buying Date:  2/1/2013  9:36 AM
Author:  captainccs Number:  65630 of 71805

Molibdenos Y Metales S.A. bought another 15 million shares of MCP at $6.00 plus warrants to purchase another 2,777,778 shares at %7.20

http://www.sec.gov/Archives/edgar/data/1489137/0001104659130...

That is part of the financing deal reported by Molycorp:

$150,0000,000 in 5.50% Convertible Senior Notes due 2018 plus up to $22,500,000 in notes which converted at $7.20 represent almost 24 million shares. The company is also issuing 50,791,666 common shares (15 million bought by Molibdenos Y Metales).

http://secfilings.nasdaq.com/filingFrameset.asp?FileName=000...

This represents significant dilution for current shareholders but the market is reacting quite favorably.

Denny Schlesinger
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