although i predict there could be another bottom.. i choose not to miss the opportunity here if MOL could overcome the obstacle of raising the required capital.
i am in at 35.5c
time was against me to get into detail, but having a read over the weekend, i am led to believe that molly could possibly be one of the wonder stocks in two to three years time.. perhaps when production is up in 2010 the global economy will be recovered or recovering by then, prices, demand etc.
blokes, may i ask if the strategic commercial alliance with Chile's Molibdenos y Metales ("Molymet") still on? Because the deal back in 2007 was an agreement for 100% molybdenum concentrates produced at Moly's Spinifex Ridge molybdenum project in the Pilbara region of Western Australia.
All the best holders!!
MOL Price at posting:
35.5¢ Sentiment: Buy Disclosure: Held
