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AGORACOM Wire - Wednesday February 15th, 2012

Breaking News ....

Lomiko (LMR: TSX-V) to Complete 43-101 Report on Previous Drilling at the Quatre Milles Graphite Property *CLIENT* Read More

Top Sector Stories ....

Strike Graphite Corp. (TSXV:SRK) Acquires Wagon Graphite Project in Quebec in Vicinity of Timcal's Lac des Iles Graphite Mine *CLIENT* Read More | Profile

Strike Graphite goes "Beyond the Press Release"

McLaren Resources (CNSX:MCL) Drills 7.0 Grams Gold Over 7.4 Metres at the TimGinn Property Located Adjacent to the Hollinger Mine *CLIENT* Read More | Watch Beyond the Press Release

DONNER METALS INTERVIEW: David Patterson Discusses the Bracemac-McLeod Mine Development Beyond the Press Release

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We're proud to announce the launch of GraphiteStocksBlog.com a website dedicated to the needs of investors and companies in the fast growing Graphite industry.

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Message: Molybdenum forecast model - very important read

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Re: Molybdenum forecast model

in response to Re: Molybdenum forecast model by ilene4

posted on Oct 15, 08 06:52AM

Hi Ilene,

It takes almost 2 years for some of the long lead items unless they can get used equipment.. Getting used equipment may be more and more likely as mines are closed due to low prices. Also, some orders may be cancelled for new equipment for the same reasons.

We are coming to a tricky time with slowing growth and lower commodity prices. How it will play out is anybody's guess. The real driver is still China and if they slow appreciably, then demand for moly will certainly drop off. The good news is that lower copper prices will delay or halt copper projects with moly as a byproduct and if copper prices go really low, some copper mines may stop producing copper and molybdenum thus curtailing supply and keeping moly prices supported.

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