http://www.prlog.org/11615950-global-molybdenum-consumption-is-expected-go-grow-by-45-in-the-next-decade.html
What a week. What a month.
Whilst this is no way a gambler's market the downside risk is limited in my view and with newsflow due could prove a good short-term trade. The enterprise value of this business is around $25M. You can pick it up for $10M at current sp.
News due:
- diamond tails on the high grade core at Anthony
- gold assay from West lucky break
- soil sampling at the mistake creek prospect
- assays from the 5 diamond scout holes surrounding Anthony
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