Bought GMO in a significant position on the account it can potentially go much higher if it can get funding for its Mt. hope project. But it is kind of speculative play at this moment.
Good new is a). Moly price appreciation , b) recent insider market buy. Initial position was set up @$1.06 on boxing day of 2013. and current average cost is also around @ $1.05.
It may not be labelled as value play due to high uncertainty, and I may not hold it for long term. Let's wait and see how it will paly out.