General Moly Focused on “Conserving Cash”
Moly – AMM reported that while General Moly Inc. (NYSEMKT:GMO,TSX:GMO) has acknowledged that the termination of its $125-million loan deal with Hanlong (USA) Mining Investment was a "serious bump in the road," it believes it has sufficient cash to continue on until it finds a new financing parter for its Mount Hope project.