I too am watching this one closely. The volumes really are pretty low which tells me that most of the bigger boys are holding theirs pretty close to their chests. Looking back over past sales the volume increases massively when things start to happen!
Besides the 14th/15th is the expected date for the SAFE approval but Fisher didn't seem all that fussed over the day given that the 24th is a much more critical day in the scheme of things.
With Molybdenum going the way it is and the Chinese trying to accumulate the metal/mines it would be surprising to me if Hanlong aren't running around like crazy trying to close this deal. It's just the brinkman ship that I dont like.
cheers,
countryshares
MOL Price at posting:
89.0¢ Sentiment: Hold Disclosure: Held
