THR thor energy plc
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price of moly

  1. Pokerface
    7,630 Posts.
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    05/10/07
    20:33
    Post #: 2868524
    I see Scotia Capital (refer Kitco base metals site) is predicting strong growth in the price of moly. $30/lb this year and $33 next year. They are also predicting increasing interest in pure moly mines which will, they predict, account for an increasing percentage of moly production (as opposed to mines where moly is a by product, such as copper mines). Augers well for THR's Molyhil. I would not be surprised to see THR taken out of Molyhil for some big $$$.
    THR Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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