Worth keeping the long term forecast for Moly in mind, but next couple of years look real good ....
http://www.mineweb.co.za/mineweb/view/mineweb/en/page36?oid=37885&sn=Detail
Scotia Capital has recently initiated coverage of three molybdenum equities, revising its moly price forecast for this year from $25.25/lb to $30.43/lb, the 2008 forecast from $19.25/lb to $33.25/lb, its 2009 forecast from $8/lb to $27/lb and long-term forecast from $7.50/lb to $12/lb.
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- just breached 200 day moving ave
QOL
queensland ores limited