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Moly Mines Limited T.MOL



TSX:MOL - Post by User

Bullboard Posts
Post by derekcson Dec 04, 2010 2:16am
621 Views
Post# 17800246

Theory....

Theory....I'm really starting to wondering if Hanlong is gonna take a stab at the remaining shares of the company for a huge premium. Considering the plans the Chinese gov't has with regards to sanctioning moly to control exports, MOL is VERY attractive. I'm wondering if Hanlong is being somewhat "directed". Add in China's iron ore issues and while 6 million tonnes isn't a lot it's still something. In the end I couldn't really car, as long as they pay what's MOL is worth. In 12-18 months a $5-$7 dollar offer wouldn't be out of the realm of possibility should moly prices begin to move. Experts are predicting $25-$30 moly which would substantiate that kind of premium. I also beleive Hanlong is gonna fast track development with the 5 billion in funds they have that their disposal and/or release news of additional plans to also develop MOL into an "international mining house" simutaneously with additional infrastructure.There may even be shares bought back to increase control. Any way you look at it CHINA WANTS CONTROL and IMO Hanlong is the Chinese governments puppet that's gonna make daddy a pile of cash. The possibilities are endless when it comes to MOL. Very exciting times and a very bright future. For those that wait it's gonna be a HUGE pay day. MOL may very well be the next WTN in 24 months. GLTA
Bullboard Posts