-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, EsTeh7tS2q1o1/UIlsayn/KPYe3mwaL7fvvEskJlZGMSYy+upN5P4HE6YT/e7Wye TBpmA/a5Q4ycdwIoeHtLBw== 0001277006-08-000004.txt : 20080111 0001277006-08-000004.hdr.sgml : 20080111 20080110182941 ACCESSION NUMBER: 0001277006-08-000004 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20080111 DATE AS OF CHANGE: 20080110 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: General Moly, Inc CENTRAL INDEX KEY: 0001275229 STANDARD INDUSTRIAL CLASSIFICATION: METAL MINING [1000] IRS NUMBER: 910232000 STATE OF INCORPORATION: ID FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-80178 FILM NUMBER: 08524522 BUSINESS ADDRESS: STREET 1: 1726 COLE BOULEVARD, STREET 2: SUITE 115 CITY: LAKEWOOD, STATE: CO ZIP: 80401 BUSINESS PHONE: (303) 928-8599 MAIL ADDRESS: STREET 1: 1726 COLE BOULEVARD, STREET 2: SUITE 115 CITY: LAKEWOOD, STATE: CO ZIP: 80401 FORMER COMPANY: FORMER CONFORMED NAME: IDAHO GENERAL MINES INC DATE OF NAME CHANGE: 20040526 FORMER COMPANY: FORMER CONFORMED NAME: IDAHO GENERAL MINES INC DATE OF NAME CHANGE: 20040105 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SPROTT ASSET MANAGEMENT INC CENTRAL INDEX KEY: 0001277006 IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 200 BAY STREET STREET 2: STE 2700 P O BOX 27 CITY: TORONTO ONTARIO STATE: A6 ZIP: M5J 2J1 BUSINESS PHONE: 4169436706 SC 13G 1 generalmol.txt SCHEDULE 13G Under the Securities Exchange Act of 1934 General Moly, Inc. (Name of Issuer) Common Shares (Title of Class of Securities) 370373102 (CUSIP Number) December 31, 2007 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [ ]Rule 13d-1(b) [ X ]Rule 13d-1(c) [ ]Rule 13d-1(d) CUSIP No. 370373102 ........................................ 1. NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Sprott Asset Management Inc. ________________________________________________________________________________ 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_] (b) [X] ________________________________________________________________________________ 3. SEC USE ONLY ________________________________________________________________________________ 4. CITIZENSHIP OR PLACE OF ORGANIZATION Ontario, Canada ________________________________________________________________________________ NUMBER OF 5. SOLE VOTING POWER SHARES 0 _________________________________________________________________ BENEFICIALLY 6. SHARED VOTING POWER OWNED BY 701,594 _________________________________________________________________ EACH 7. SOLE DISPOSITIVE POWER REPORTING 0 _________________________________________________________________ PERSON 8. SHARED DISPOSITIVE POWER WITH 701,594 ________________________________________________________________________________ 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 701,594 ________________________________________________________________________________ 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_] ________________________________________________________________________________ 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 4.0% ________________________________________________________________________________ 12. TYPE OF REPORTING PERSON* IA ________________________________________________________________________________ CUSIP No. 370373102 ........................................ 1. NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Sprott Molybdenum Participation Corporation ________________________________________________________________________________ 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_] (b) [X] ________________________________________________________________________________ 3. SEC USE ONLY ________________________________________________________________________________ 4. CITIZENSHIP OR PLACE OF ORGANIZATION Ontario, Canada ________________________________________________________________________________ NUMBER OF 5. SOLE VOTING POWER SHARES 0 _________________________________________________________________ BENEFICIALLY 6. SHARED VOTING POWER OWNED BY 701,594 _________________________________________________________________ EACH 7. SOLE DISPOSITIVE POWER REPORTING 0 _________________________________________________________________ PERSON 8. SHARED DISPOSITIVE POWER WITH 701,594 ________________________________________________________________________________ 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 701,594 ________________________________________________________________________________ 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_] ________________________________________________________________________________ 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 4.0% ________________________________________________________________________________ 12. TYPE OF REPORTING PERSON* CO ________________________________________________________________________________ Item 1. (a) Name of Issuer: General Moly, Inc. (b) Address of Issuer's Principal Executive Offices: 1726 Cole Blvd. Suite 115, Lakewood, CO, 80401 Item 2. (a) Name of Person Filing: Sprott Asset Management Inc. Sprott Molybdenum Participation Corporation (b) Address of Principal Business Office: Sprott Asset Management Inc: Suite 2700, South Tower, Royal Bank Plaza, Toronto, ON M5J 2J1 Sprott Molybdenum Participation Corporation: Suite 2700, South Tower, Royal Bank Plaza, Toronto, ON M5J 2J1 (c) Citizenship: Sprott Asset Management Inc: Canada Sprott Molybdenum Participation Corporation: Canada (d) Title of Class of Securities: Common Shares (e) CUSIP Number: 370373102 Item 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b), check whether the person filing is a: (a) [ ] Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o). (b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). (c) [ ] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). (d) [ ] Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). (e) [ ] An investment adviser in accordance with ss. 240.13d-1(b)(ii)(E). (f) [ ] An employee benefit plan or endowment fund in accordance with ss. 240.13d-1(b)(1)(ii)(F). (g) [ ] A parent holding company or control person in accordance with ss. 240.13d-1(b)(1)(ii)(G). (h) [ ] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813). (i) [ ] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3). (j) [ ] Group, in accordance with ss. 240.13d-1(b)(1)(ii)(J). Item 4. Ownership (a) Amount Beneficially Owned: Sprott Asset Management Inc: 701,594 Sprott Molybdenum Participation Corporation: 701,594 (b) Percent of Class: Sprott Asset Management Inc: 4.0% Sprott Molybdenum Participation Corporation: 4.0% (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote: Sprott Asset Management Inc: 0 Sprott Molybdenum Participation Corporation: 0 (ii) Shared power to vote or to direct the vote: Sprott Asset Management Inc: 701,594 Sprott Molybdenum Participation Corporation: 701,594 (iii) Sole power to dispose or to direct the disposition of: Sprott Asset Management Inc: 0 Sprott Molybdenum Participation Corporation: 0 (iv) Shared power to dispose or to direct the disposition of: Sprott Asset Management Inc: 701,594 Sprott Molybdenum Participation Corporation: 701,594 Item 5. Ownership of Five Percent or Less of a Class: If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following. [X] Item 6. Ownership of More than Five Percent on Behalf of Another Person: N/A Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company: N/A Item 8. Identification and Classification of Members of the Group: N/A Item 9. Notice of Dissolution of Group: N/A Item 10. Certification: By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. January 10, 2008 ------------------------------------- Date Sprott Asset Management Inc. /s/ Iryna Gordiyenko ------------------------------------- Signature Sprott Molybdenum Participation Corp. By: Sprott Asset Management Inc., its Investment Manager /s/ Iryna Gordiyenko -------------------------------------- Signature Iryna Gordiyenko, Chief Financial Officer -------------------------------------- Name/Title -----END PRIVACY-ENHANCED MESSAGE-----