closing 16.5 cents up 17.9 percent, page-9

Too right it is going to happen, the Chinese have shut up shop on exports, the Chileans will reduce production because of power cuts due to their own "100 year drought" and so it goes on. There are very very few mines coming on line world-wide, the expected short fall of moly is forecast to be at best, even, at worst (depends on which way you look at it) 62,000,00 lbs over the next few years

I qoute from an article that appeared on Kitcometal

"Jinduicheng Molybdenum Group Co. executives told Reuters News Service that Moly prices will remain high due to strong demand and output will not increase greatly over the next three years"

Jinduicheng produce approx 7% of worldwide molly.

Read into it what you will. To me I have yet to read anything that suggests that the amount of molly being mined, within the near future, will increase. that the amount of molly of being used will decrease, that the price of the product will do anything but increase.

Given that the number of oil rigs is rising, that the number of turbos used by Mitsubishi Heavy Industries will rise expedentially etc etc etc.

A no brainer?? Think about it.