Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
CCM MASTER QUALIFIED FUND LTD
  2. Issuer Name and Ticker or Trading Symbol
General Moly, Inc [GMO]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
C/O MORGAN STANLEY FUND SERVICES (CAYMAN, LTD CENTURY YARD CRICKET SQ HUTCHINGS DR
3. Date of Earliest Transaction (Month/Day/Year)
05/14/2009
(Street)

PO BOX 2681 GEORGE TOWN, E9 00000
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 05/14/2009   J(3)   21,570 D $ 1.52 7,728,287 D  
Common Stock 05/14/2009   J(3)   21,570 D $ 1.52 11,131,929 I (1) (2) Indirectly by Coghill Capital Management, LLC and Clint D. Coghill (1) (2)
Common Stock 05/29/2009   S(4)   600,000 D $ 2.03 10,531,929 I (1) (2) Indirectly by Coghill Capital Management, LLC and Clint D. Coghill (1) (2)
Common Stock 06/01/2009   S(4)   403,200 D $ 2.48 10,128,729 I (1) (2) Indirectly by Coghill Capital Management, LLC and Clint D. Coghill (1) (2)
Common Stock 06/02/2009   S(4)   188,369 D $ 2.59 9,940,360 I (1) (2) Indirectly by Coghill Capital Management, LLC and Clint D. Coghill (1) (2)

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
CCM MASTER QUALIFIED FUND LTD
C/O MORGAN STANLEY FUND SERVICES (CAYMAN
LTD CENTURY YARD CRICKET SQ HUTCHINGS DR
PO BOX 2681 GEORGE TOWN, E9 00000
    X    
COGHILL CAPITAL MANAGEMENT LLC
1 N WACKER DR
STE 4350
CHICAGO, IL 60606
    X    
COGHILL CLINT D

 
    X    

Signatures

 CCM Master Qualified Fund, Ltd   06/02/2009
**Signature of Reporting Person Date

 Coghill Capital Management, LLC   06/02/2009
**Signature of Reporting Person Date

 Clint D, Coghill   06/02/2009
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) The Reporting Person disclaims beneficial ownership of the securities to the extent of its pecuniary interest therein.
(2) Principal of investment manager or investment manager to the investment management entity in whose account the reported securities are held.
(3) The subject securities were distributed to certain investors of CCM Master Qualified Fund, Ltd as part of an in-kind distribution.
(4) The reported transaction relates to the sale of the subject securities by CCM SPV II, LLC, a private investment vehicle managed by Coghill Capital Management, L.L.C., and which received the subject securities in connection with certain in-kind redemptions by investors from CCM Master Qualified Fund, Ltd. CCM SPV II, LLC is not (and never has been) itself a "10% owner" subject to Section 16. Further, Coghill Capital Management, L.L.C. and Clint D. Coghill have no pecuniary interest in CCM SPV II, LLC or the subject securities.

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