UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 10)*
General Moly Inc.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
451272306
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(CUSIP Number)
Clint Coghill
Coghill Capital Management
1 N Wacker Dr. Ste. #4350
Chicago, IL 60606
312-324-2000
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(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
November 4, 2010
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(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition that is the subject of this Schedule 13D, and is filing this
schedule because of Rule13d-1(e), 13d-1(f) or 13d-1(g), check the following box.
[ ]
NOTE: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Rule 13d-7 for other parties
to whom copies are to be sent.
*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
disclosures provided in a prior cover page.
The information required on 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).
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CUSIP NO. 451272306 13D PAGE 2 OF 7
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1 NAMES OF REPORTING PERSONS.
CCM Master Qualifies Fund, Ltd.*
CCM Special Holdings Fund, LP*
Coghill Capital Management, LLC.+*
Clint D. Coghill+*
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a)[ ]
(b)[x]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS (SEE INSTRUCTIONS)
WC
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5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e)
[ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
CCM Master Qualifies Fund, Ltd.* - Cayman Islands
CCM Special Holdings Fund, LP* - Delaware, USA
Coghill Capital Management, LLC.+* - Delaware, USA
Clint D. Coghill+* - USA
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ITEMS 7-10: NUMBER OF SHARES BENEFICIALLY OWNED BY EARCH REPORTING PERSON WITH:
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7 SOLE VOTING POWER
CCM MASTER QUALIFIED FUND, LTD.* - 0
CCM SPECIAL HOLDINGS FUND, LP* - 0
COGHILL CAPITAL MANAGEMENT LLC.+* - 0
CLINT D. COGHILL+* - 0
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8 SHARED VOTING POWER
CCM MASTER QUALIFIED FUND, LTD.* - 6,379,740#
CCM SPECIAL HOLDINGS FUND, LP+ - 4,705,620#
COGHILL CAPITAL MANAGEMENT LLC.+* - 11,085,360#
CLINT D. COGHILL+* - 11,085,360#
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9 SOLE DISPOSITIVE POWER
CCM MASTER QUALIFIED FUND, LTD.* - 0
CCM SPECIAL HOLDINGS FUND, LP* - 0
COGHILL CAPITAL MANAGEMENT LLC.+* - 0
CLINT D. COGHILL+* - 0
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10 SHARED DISPOSITIVE POWER
CCM MASTER QUALIFIED FUND, LTD.* - 6,379,740#
CCM SPECIAL HOLDINGS FUND, LP+ - 4,705,620#
COGHILL CAPITAL MANAGEMENT LLC.+* - 11,085,360#
CLINT D. COGHILL+* - 11,085,360#
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
CCM MASTER QUALIFIED FUND, LTD.* - 6,379,740#
CCM SPECIAL HOLDINGS FUND, LP+ - 4,705,620#
COGHILL CAPITAL MANAGEMENT LLC.+* - 11,085,360#
CLINT D. COGHILL+* - 11,085,360#
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12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS)
[ ]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
CCM MASTER QUALIFIED FUND, LTD.* - (8.3%)#
CCM SPECIAL HOLDINGS FUND, LP+ - (6.1%)#
COGHILL CAPITAL MANAGEMENT LLC.+* - (14.4%)#
CLINT D. COGHILL+* - (14.4%)#
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14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
CCM Master Qualifies Fund, Ltd.* - CO
CCM Special Holdings Fund, LP* - PN
Coghill Capital Management, LLC.+* - IA
Clint D. Coghill+* - IN
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CUSIP NO. 451272306 13D PAGE 3 OF 7
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Schedule 13D
Item 1. Security and Issuer.
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This statement relates to the Common Stock, of General Moly, Inc.
(the "Issuer"). The address of the Issuer's principal offices is:
1726 Cole Boulevard,
Suite 115
Lakewood, CO 80401
Item 2. Identity and Background.
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(a) The name of the reporting persons are:
CCM Master Qualified Fund, Ltd*, CCM Special Holdings Fund, LP*,
Coghill Capital Management, LLC+*, and Clint D. Coghill+*.
(b) The address of principal business office is:
1 N. Wacker Dr. Ste. #4350
Chicago, IL 60606
(c) Coghill Capital Management LLC+*, is an investment advisor.
(d) During the five years prior to the date hereof, CCM
Master Qualified Fund, Ltd*, CCM Special Holdings Fund, LP*,
Coghill Capital Management, LLC+*, and or Clint D. Coghill+* have not been
convicted in a criminal proceeding (excluding traffic violations or similar
misdemeanors).
(e) During the five years prior to the date hereof, CCM
Master Qualified Fund, Ltd*, CCM Special Holdings Fund, LP*,
Coghill Capital Management, LLC+*, and or Clint D. Coghill+* have not been a
party to a civil proceeding ending in a judgment, decree or final order
enjoining future violations of, or prohibiting or mandating activities subject
to, federal or state securities laws or finding a violation with respect to
such laws.
(f)
CCM Master Qualifies Fund, Ltd.* - Cayman Islands
CCM Special Holdings Fund, LP* - Delaware
Coghill Capital Management, LLC.+* - Delaware
Clint D. Coghill+* - USA
Item 3. Source and Amount of Funds or Other Consideration.
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Working Capital of CCM Master Qualified Fund, Ltd.*
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CUSIP NO. 451272306 13D PAGE 4 OF 7
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Item 4. Purpose of Transaction.
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The Reportin Persons have no plans or proposals regarding the Issuer,
and, at this time, intend to continue to hold the Shares for investment
purposes in the ordinary course of the Reporting Persons' business or
investment activities, as the case may be.
Except as disclosed below, the Reporting Persons have no present plans
which relate to or would result in:
(a) The acquisition by any person of additional securities of
the Issuer, or the disposition of securities of the Issuer;
(b) An extraordinary corporate transaction, such as a merger,
reorganization or liquidation, involving the Issuer or any of its
subsidiaries;
(c) A sale or transfer of a material amount of assets of the
Issuer or any of its subsidiaries;
(d) Any change in the present board of directors or management
of the Issuer, including any plans or proposals to change the number or
term of directors or to fill any existing vacancies on the board;
(e) Any material change in the present capitalization or
dividend policy of the Issuer;
(f) Any other material change in the Issuer's business or
corporate structure;
(g) Changes in the Issuer's charter, bylaws or instruments
corresponding thereto or other actions, which may impede the acquisition
of control of the Issuer by any person;
(h) Causing a class of securities of the Issuer to be delisted
from a national securities exchange or to cease to be authorized to be
quoted in an inter-dealer quotation system of a registered national
securities association;
(i) A class of equity securities of the Issuer becoming
eligible for termination of registration pursuant to Section 12(g)(4)
of the Securities Exchange Act of 1934; or
(j) Any action similar to any of those enumerated above.
The Reporting Persons intend to review continuously their position in the
Issuer and, consistent with their respective investment purposes, each
Reporting Person reserves the right, at any time and from time to time, to
acquire additional Shares or dispose of any or all of its Shares depending upon
an ongoing evaluation of the investment in the Shares, prevailing market
conditions, other investment opportunities, liquidity requirements of the
Reporting Person and/or other investment consideration.
Item 5. Interest in Securities of the Issuer.
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(a) CCM Master Qualified Fund, Ltd*, CCM Special Holdings Fund, LP*,
Coghill Capital Management, LLC+*, and or Clint D. Coghill+*
have beneficial ownership of 11,085,360 shares (14.4%). Included in this
number are 4,250,000 shares to which CCM Master Qualified Fund, Ltd*, CCM
Special Holdings Fund, LP*, Coghill Capital Management, LLC+*, and Clint D.
Coghill+* have the right to acquire within 60 days.
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CUSIP NO. 451272306 13D PAGE 5 OF 7
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(b) Number of Shares as to which CCM Master Qualified Fund, Ltd*,
CCM Special Holdings Fund, LP*, Coghill Capital Management, LLC+*, and or
Clint D. Coghill+* have:
(i) sole power to vote or to direct the vote:
CCM MASTER QUALIFIED FUND, LTD.* - 0
CCM SPECIAL HOLDINGS FUND, LP+ - 0
COGHILL CAPITAL MANAGEMENT LLC.+* - 0
CLINT D. COGHILL+* - 0
(ii) shared power to vote or to direct the vote:
CCM MASTER QUALIFIED FUND, LTD.* - 6,379,740# - (8.3%)#
CCM SPECIAL HOLDINGS FUND, LP+ - 4,705,620# - (6.1%)#
COGHILL CAPITAL MANAGEMENT LLC.+* - 11,085,360# - (14.4%)#
CLINT D. COGHILL+* - 11,085,360# - (14.4%)#
(iii) sole power to dispose or to direct the disposition:
CCM MASTER QUALIFIED FUND, LTD.* - 0
CCM SPECIAL HOLDINGS FUND, LP+ - 0
COGHILL CAPITAL MANAGEMENT LLC.+* - 0
CLINT D. COGHILL+* - 0
(iv) shared power to dispose or to direct the disposition:
CCM MASTER QUALIFIED FUND, LTD.* - 6,379,740# - (8.3%)#
CCM SPECIAL HOLDINGS FUND, LP+ - 4,705,620# - (6.1%)#
COGHILL CAPITAL MANAGEMENT LLC.+* - 11,085,360# - (14.4%)#
CLINT D. COGHILL+* - 11,085,360# - (14.4%)#
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CUSIP NO. 451272306 13D PAGE 6 OF 7
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(c) Transactions occurring within the previous 60 days:
see Exhibit B below
(d) N/A
(e) N/A
Item 6. Contracts, Arrangements, Undertakings or Relationships with Respect
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to Securities of the Issuer.
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The Issuer previously granted warrants to purchase up to 500,000 (five hundred
thousand) shares of the Issuer's common stock at an exercise price of ten
dollars ($10.00) per share to each of CCM Master Qualified Fund, Ltd. and
Coghill Capital Management, LLC in connection with certain advice and support
provided to the Issuer and as disclosed in the Issuer's Form 8-K filing dated
November 23, 2007. Under their terms, the warrants will only become
exercisable on the date that the Issuer shall complete a financing that shall
have been determined by the Issuer's Board of Directors to be sufficient to
finance the commencement of commercial production at the Issuer's Mt. Hope
project and will remain exercisable for a period of one year from that date.
In recognition of further advice and support on recent transactions and as
disclosed In the Issuer's 8-K dated April 19, 2010, the Issuer agreed to amend
the warrants originally issued to reduce the exercise price of the warrants
from $10.00 per share to $5.00 per share.
Item 7. Material to be Filed as Exhibits.
--------------------------------
None.
Explanation of Responses:
*The reporting persons disclaim beneficial ownership of the securities
except to the extent of their pecuniary interest therein.
+ Principal of the investment manager or investment manager to the
investment management entity in whose account the reported securities
are held.
# Includes certain securities which carry the right to purchase common shares
within 60 days (See Item 5).
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CUSIP NO. 451272306 13D PAGE 7 OF 7
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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.
Date: November 4, 2010
/S/ Clint D. Coghill+*
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Clint D. Coghill+*
/S/ Coghill Capital Management, LLC+*
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Coghill Capital Management, LLC+*
/S/ CCM Qualified Master Fund, Ltd.*
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CCM Qualified Master Fund, Ltd.*
/S/ CCM Special Holdings Fund, LP*
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CCM Special Holdings Fund, LP*
Exhibit A
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(k)(1) under the Securities Exchange Act of 1934,
as amended, each of the the undersigned agrees that this Schedule 13D dated
November 4, 2010 and relating to the Common Stock, par value $0.01 of
GENERAL MOLY, INC. (GMO) shall be filed on behalf of the undersigned.
_____/s/ Clint D. Coghill+*_____ _________ November 4, 2010__________
Clint D. Coghill+* Date
Signature of Reporting Person
Coghill Capital Management, L.L.C.+*
__By:/s/ Clint D. Coghill+*_____ _________ November 4, 2010__________
Clint D. Coghill+* Date
Managing Member
CCM Master Qualified Fund, Ltd.*
__By:/s/ Clint D. Coghill_______ _________ November 4, 2010__________
Clint D. Coghill Date
Director
Exhibit B
Transactions occurring within the previous 60 days
Date Transaction Location Security Quantity Price/Unit
11/02/2010 Sell Exchange Common Shares 290,000 $5.08
11/03/2010 Sell Exchange Common Shares 425,000 $4.95
11/04/2010 Sell Exchange Common Shares 390,000 $5.05