No one really comments on the price of moly spiking when it went from $7.00/pound to $10.00/pound in the last 4 weeks. If copper jumped 50% in 4 weeks then there would be great exitement in the air, but i doubt there will be any exitement with moly until the price jumps to $20/pound. If it jumps another 50% in the next 4 weeks, it will be up to $15.00/pound, which will make the project a lot more feasible. Any thoughts?
MOL Price at posting:
38.0¢ Sentiment: Buy Disclosure: Held