MOL 0.00% 6.9¢ moly mines limited

hey weilikong, mate, are you one of those guys knowing, where...

  1. 251 Posts.
    hey weilikong, mate, are you one of those guys knowing, where the share price of a company should be? stay in touch. lol

    but seriously: like other moly-explorers, mol is valued extremely low due to the lagging price of molybdenum. you can follow the price here:

    http://www.bloomberg.com/apps/quote?ticker=MBMOEUOX:IND

    sp is influenced by many factors. future projections tend to play a more important role.

    so, guess what's happening here, if the moly-prices inch up a bit. mol will be a very high leveraged play for molybdenum-prices. guess again, where mol will/can be when prices surge above 20 usd.

    with everything in place, being one of the rare explorers with positive cashflow, the number of dollars paid for one share of moly mines can be much more than one.
 
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Currently unlisted public company.

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