GREY:MLKKF - Post by User
Comment by
vlieton Nov 10, 2009 12:29pm
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Post# 16471350
RE: RE: RE: I've been nervous.....fear not
RE: RE: RE: I've been nervous.....fear notFor an established producer like TCM todays price of moly doesn't matter all that much but the future price does. They are making lots of money now even though price of moly has fallen off the cliff and they have a huge warchest of $$$. The market is rewarding TCM for lowering costs and increasing production knowing that the price of moly won't stay in this range long term.