Leeward Capital Corp LEWCF

Latest Available Moly Price on Dec. 11...

[lilbirdie]

......seems to be holding steady at $9.75 USD. I seem to recall it was $9.75 USD on Dec. 04.


You can check the price weekly usually late Thursday or Firday of every week at this LINK

https://www.rocamines.com/s/CurrentMetalPrices.asp

For the more avid reader and stock markert follower you might want to read a fairly down-to-earth and apparently well-researched article contributed by Larry Reaugh on Dec. 11, 2008 on the Kitco website. Mr. Reaugh who started his own moly operation a few years ago makes some valuable observations in that article such as:

....I believe the first beneficiarywill be the steel industry which will lead the way out of the re­cession in base metals. The first steel related metals to recover will be molybdenum, cobalt, manganese, tungsten, niobium and chrome.

.....The reaction to this sudden market downturn by producers has been to shut down, cur­tail and reduce production....and I believe it will result in a faster recovery of the prices for these commodi­ties.

......The massive amount of metal supply that has been extinguished in the last 6 months will very quickly have a positive effect on metal commodity prices once again.

......gold is the ultimate currency and will lead all metals out of this current recession.

.....This commodity Bull will break all previous cycles as the BRIC (Brazil, Russia, India, China) countries continue to modernize their infra­structure going forward.

..... I believe the deck is stacked in favor of all commodi­ties, surviving mining companies and explorers over the next three years. We will look back on the last two months of 2008 as the greatest buying opportu­nity of the century.


For the FULL article, follow this LINK https://www.kitco.com/ind/Reaugh/dec112008.html

In my view this article is worth a serious read.

All the be$t,

LB