KSO king solomon mines limited

molybdenum price is 10x copper price

  1. 6,165 Posts.
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    Info from Kso's dec07(asx0 presentation


    1.“Molybdenum alloy Strengthen Iron n Steel “

    Of course we all know of its demand for iron from FMG/BHP/Rio, nickel, gold, zinc, vanadium etc .

    But no many of us know of moly, yet Mmly price is
    2.5x nickel’s price and 10x copper’s .

    If you like what PMA’s or MXR’s vanadium can do to iron/steel, then you’d like Moly too.


    Metal Prices (Jan08) comparison (pg18):

    Moly @34cent/lb
    Nickel – 14ct/lb
    Copper - 3.5c/lb
    Zinc – 1.3c/lb


    Molybdenum (pg 17):
    -alloy to strengthen iron and steel
    -found in 15%-20% of stainless steel
    -CHINA is a MAJOR consumer



    2. KSO has five projects.
    One of the is a gold prospect adjoining GCX’s gold
    project (GCX was taken by Sino recently for $100m. ).


    3. KSO - 91m sh x 20c = mkt cap, under $18 m.
    compare dthat o GCX's $100m price tage paid by Sino-Gold.


    4. If KSO strikes moly/cu or gold/cu in one its
    five prospects , then a simple est mkt cap s/be at least
    $50m-$100m, or sp
    =$50m-$100m/91m

    = 55c - $1 per sh .


    have fun!

    DYOR and see disclaimers at bottom of page.
 
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