why moly won't ride any waves up

There are just too many stocks with great short and medium term news and earnings. I'd be surprised if any shareholders have bought for the long term. My guess is most of you have probably bought well north of $1.00 all the way up to $4.00.

Moly's iron ore project will deliver cash flow but I will be surprised if it's positive after allowing for general admin expenses, exploration, production and development costs.

I will gladly apologise if I am wrong come the end of January when the quarterly reports are due and they show otherwise.

;)
Nic

PS: Moly is a long term buy and shareholders can only hope that nothing changes between now and commencement of production. It's a long way away.

These are my opinions based on my own research. Let's hope China keeps chugging along.