GENERAL MOLY INC. (GMO $5.58, Rating Lowered to NEUTRAL from OVERWEIGHT, Price Target Remains at $6); RATING LOWERED TO NEUTRAL FROM OVERWEIGHT DUE TO PRICE APPRECIATION; PROGRESS IN DRAFT EIS; FORWARD MOMENTUM IN HANLONG AGREEMENT 11/22/2010

GENERAL MOLY INC. (GMO $5.58, Rating Lowered to NEUTRAL from
OVERWEIGHT, Price Target Remains at $6); RATING LOWERED TO
NEUTRAL FROM OVERWEIGHT DUE TO PRICE APPRECIATION;
PROGRESS IN DRAFT EIS; FORWARD MOMENTUM IN HANLONG
AGREEMENT 11/22/2010