Exploring for Molybdenum/Copper/Gold assets
Engaged in the Acquisition and Development of Mineral Properties

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Message: HHS re: Moly price

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HHS re: Moly price

posted on Feb 22, 09 05:05AM

Moly under $10. Not helping. We're far from the $30. Some do see recuperation fairly soon but a small survey response gave a price averaging under $15 for the next 10 years (10 banks), meaning maybe 5 years before we see $20 a pound?

Imo, it will be sooner but not that quick.

go

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