General Moly, Inc. (AMEX:GMO) is seeking strategic alternatives for Mt. Hope Moly Project. Mr. Hansen continued, "In conjunction with an anticipated strengthening of moly market fundamentals, our company and our financial advisers are pursuing strategic alternatives to realize the enhanced value of our fully permitted 80% owned Mt. Hope moly project in Nevada, including seeking project financing, to develop this next-generation, world-class moly mine".