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Moly Mines Limited T.MOL



TSX:MOL - Post by User

Bullboard Posts
Post by waterboy2on Apr 20, 2011 4:51pm
337 Views
Post# 18464307

US $ Cash Reserve

US $ Cash ReserveThink about the massive US cash reserve that is sitting in China. The Chinese must be pretty nervous about the valuation of the US $ and have already started to convert the currency into commodity hedges. Look at all the commodity plays they have been going into : Iron Ore, Copper, Moly, Oi & Gas etc.

I think the confirmation on financing is just 2-3 weeks away and then watch this one take off eh

GLTA
Bullboard Posts