QOL queensland ores limited

Global Fears On Molybdenum Supply Good News For General...

  1. 3,731 Posts.
    Global Fears On Molybdenum Supply Good News For General Moly

    Jonathan Ratner, Financial Post Published: Wednesday, December 19, 2007

    It appears that the steel industry is growing more concerned about the future supply of molybdenum.....
    For the rest

    http://www.financialpost.com/story.html?id=181315
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    Why QOL is going nowhere? I guess a couple reasons:
    1. Overall weakness of mining stocks, and particularly, junior developers;
    2. Possibly equity raise, and capex update +30% is possible. This is who company is desperate to let good news out.

    Well, short term, not good, longer term should be great.
 
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