Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
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- Peter Lynch
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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
SCHEDULE
13G
Under
the Securities Exchange Act of 1934
(Amendment
No. 1)*
GENERAL
MOLY, INC.
---------------------------------------------
(Name
of Issuer)
Common
Stock
---------------------------------------------
(Title
of Class of Securities)
451272306
---------------------------------------------
(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:
o Rule
13d-1(b)
o Rule
13d-1(c)
x Rule
13d-1(d)
*
The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities,
and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The
information required in the remainder of this cover page shall not be deemed
to
be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934
("Act") or otherwise subject to the liabilities of that section of the Act
but
shall be subject to all other provisions of the Act (however, see the
Notes).
|
CUSIP
No. 451272306
|
|||
|
1.
|
Names
of Reporting Persons
Robert
L. Russell
|
||
|
2.
|
Check
the Appropriate Box if a Member of a Group (See
Instructions)
(a)
o
(b) o
|
||
|
3.
|
SEC
Use Only
|
||
|
4.
|
Citizenship
or Place of Organization
USA
|
||
|
NUMBER
OF
SHARES
BENEFICIALLY
OWNED
BY
EACH
REPORTING
PERSON
WITH:
|
5.
|
Sole
Voting Power
1,592,762
|
|
|
6.
|
Shared
Voting Power
0
|
||
|
7.
|
Sole
Dispositive Power
1,592,762
|
||
|
8.
|
Shared
Dispositive Power
0
|
||
|
9.
|
Aggregate
Amount Beneficially Owned by Each Reporting Person
1,592,762*
|
||
|
10.
|
Check
if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions)
o
|
||
|
11.
|
Percent
of Class Represented by Amount in Row (10)
2.8%**
|
||
|
12.
|
Type
of Reporting Person (See Instructions)
IN
|
||
*
Includes 270,362 shares of the Issuer’s common stock held by the Reporting
Person’s spouse.
**
Based on 56,986,882 shares of the Issuer's common stock outstanding as of
November 13, 2007, as set forth in the Issuer's Quarterly Report on Form 10-QSB
for the quarter ended September 30, 2007,
as filed with the Securities and Exchange Commission on November 15,
2007.
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: Robert L.
Russell
|
|
(b)
|
Address
of Principal Business Office: 120 N. Pine Street, Ste. 156, Spokane,
WA 99202
|
|
(c)
|
Citizenship:
USA
|
|
(d)
|
Title
of Class of Securities: Common
Stock
|
|
(e)
|
CUSIP
Number: 451272306
|
Item
3. If
this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b), check whether
the person filing is a:
Not
applicable.
Item
4. Ownership
|
(a)
|
Amount
Beneficially Owned: 1,592,762
shares of the Issuer's common
stock.
|
|
(b)
|
Percent
of Class: 2.8%, based on 56,986,882 shares of the Issuer's common
stock outstanding as of November 13, 2007, as set forth in the
Issuer's
Quarterly Report on Form 10-QSB for the quarter ended September
30, 2007,
as filed with the Securities and Exchange Commission on November
15,
2007.
|
|
(c)
|
Number
of shares as to which the person
has:
|
|
(i)
|
Sole
power to vote or to direct the vote:
1,592,762
|
|
(ii)
|
Shared
power to vote or to direct the vote:
0
|
|
(iii)
|
Sole
power to dispose or to direct the
disposition: 1,592,762
|
|
(iv)
|
Shared
power to dispose or to direct the disposition: 0
|
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 5 percent
of
the class of securities, check the following x.
Item
6. Ownership of More than Five Percent on behalf of Another
Person
Not
applicable.
Item
7. Identification and Classification of the Subsidiary which Acquired the
Security Being Reporting on by the Parent Holding Company
Not
applicable.
Item
8. Identification and Classification of Members of the
Group
Not
applicable.
Item
9. Notice of Dissolution of Group
Not
applicable.
Item
10. Certification
Not
applicable.
[Remainder
of Page Intentionally Left Blank]
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.
February
14, 2008
Date
/s/
Robert L. Russell
Signature
Robert
L. Russell
Name/Title