RE: Will not be long now..
Condor1 you are a peanut .. if you are so smart why are you sitting on chatboards choking your chicken ... are you short this stock .. I think your presence here is kinda like being gay at a beauty parade .. what is the point ...
1* looks as if Moly might become LME traded metal / see recent articles LME etc.
2* Los Verdes has very compelling economics / development characteristics .. will become a mine .. with material copper credits ... first reports underestimated recovery / grades / overestimated costs etc. ... this will become evident
3* Cuatro Hermanos is world class major porphyry system ... some recent drill data is yet outstanding / we will learn more about this enormous project soon ... takes money yes, but 100% owned asset / no NSR etc. ... major copper/molybdenum porphyry system 100% owned in NAFTA country
These markets have created many significant and material valuation discrepancies / VGM is one of them ...
Tell you what Condor1 ... I will bid your position here at 8 cents ... if you do not have a position to sell me ... peeees off ... if so .. tell me which house / your size and I will take them from you * if you have the stones to sell / maybe you just spend your day yaking ... on the way up, I will recount to you the virtues of value investing and patience ...
My view .
* banking and credit conditions have created some of the best opportunities in a full generation of investing
* look to steel and iron ore price settings for moly oxide prospects / very robust
* China rural consumers / railway plans / fiscal stimulus ... forget the recession banter
* Moly Oxide prices show no sign ... none .. of slowing 4 years after first price surge ... technical price chart actually looks very bullish .. demand growth continues to exceed supply ..
* Sprott molybdenum participation selling metal / moly oxide / to buy junior moly names ... why ... think relative value dude
* large capex / low grade projects .. are for donkeys ... investors there will get clipped .. Los Verdes is for producers who want to be in the game in the next 3 years
... seriously .. sell me your posi here .. we could have another few months of quiet in VGM .. let me know if you will trade
thanks