re: Ann: FIRB Confirmation for Hanlong Transa... "The numbers do...

re: Ann: FIRB Confirmation for Hanlong Transa... "The numbers do not add up and it is as simple as that."

You´re right. The Stock should be at 2$ minimum if more shareholders did their homework.

Take 400 Million shares by the summer of 2010. A market cap of 800 m $ for a major moly player with an annual cashflow of over 200 m $ (conservative) is still cheap IMO.

Of coures, we have to watch the Moly prices.

http://www.purchasing.com/article/315931-Molybdenum_prices_expected_to_double_in_2010.php

If it doubles in 2010, MOL should surpass the old highs.

Short term we should be trading around 1,50 $ after traders have taken their profits. Personally I expect testing the year highs pretty soon.