RE:Starcore and ...... Molybdenum in batteries ?Molybdenum has a potentially big future. The recent studies that shows that it can overcome the limitations of current lithium ion batteries is only one of several developing technologies using moly. It's also important to graphene which has a lot of potentinal in the electronics space. The moly chart is ugly.....but it's participating in the commodity bull market and is up 25 percent this year.
It will be interesting to see what price Starcore sells the big moly project. Copper is on a tear and Moly prices are starting to really rise.
I'm comfortable with them wanting to spend the $$$ into more drilling. I just hope they don't want to sell for small change. El Creston is really their only chance of something transformative for the company.
The gold mine may be making money but outside of rising gold prices there's limited upside as far as expanding that mine. They did some drilling a few years ago and never published the results. Evan said they found metal but not in any economical grade. That was before they re-classified the deposit and dropped a bunch of the mineral claims. Maybe with the new info Garcia and his team provided they may have much better drill results.