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Message: Moly over $14

Moly over $14

posted on Jan 09, 2010 11:47AM

Last price I have for Moly is $14.25 US. Getting closer to the low case minimum $15 scenario in the PEA, although I would prefer to see nearer the $20 base case.
The trading of futures on the LME in February may provide the catalyst to achieve this level.
But the trend is our friend for now and should help to increase our undervalued pps to nearer where it deserves to be.

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