Them BIG oil pipelines from Alaska down the western US coast now falling to pieces and some large bridges turning to rust decades ahead of their predecessors are good examples of more recent under-use of Moly in existing infrastructure steel used. They aint gonna be making those mistakes again with embarrassed bureaucrats and environmentalists now on their backs.
And the really BIG Moly projects are 5- 10 years away from reality, SO, PERFECT timing for a small niche emerging producer to do deals with hungry consumers.
THOR looks perfectly placed and timed to take advantage with both Moly and that other rarity, Tungsten, cos it is NEAR TERM 12 or so months to likely production we are talking about and THAT should entice HNC to take out their cheque books bulging with reportedly recent massive capital injections coming from both its Sino Government majority owner as well as HKG listed shareholders.
Previously switched from KIS to THR (praise Zeus, er, Thor) cos of these timing and "free call option on U" considerations and have little personal doubt THOR will be a producer well ahead of the rest and hence first to take centre stage accordingly.
Techno-break out of flag again with volume today as oppies hit new highs ahead of it and supporting it. Now for the break beyond previous intraday high toward 45 -60 next consolidation range IMO.
IMBOOC
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