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2.25% 8.7¢ peninsula energy limited

molybdenum and gold, page-5

  1. Purd2
    1,868 Posts.
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    17/11/08
    11:10
    Post #: 4504429
    I read alot about molybdenum a few months ago Dhuy. Remember when moly mines was all the talk? If I remember correctly it will be in high demand as the oil supplies diminish and companies begin pumping lower grade oil out of the ground. Molybdenum is used to coat the pipes to transport the oil as it has a high protective properties. I also think it will be used in car engines in the future as well. If I can find the piece I read I will post it again. Cheers P
    PEN Price at posting: 1.8¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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