RE:RE:Molybdenum consolidating recent months' price increases Moly price has started moving back up about a week ago .
$18.75 / lb × $1.255 exchange rate × 462 million lbs of moly still works out to in excess
of C$10.8 Billion worth of metal in the ground.
A 1% value of the Ruby Creek moly deposit of C$108 / 24 million share O/S = $4.50 / share
GLTA !
Data valid for 9 August 2021
LME CLOSING PRICES, US$ PER POUND
HISTORICAL PRICE GRAPH
Series 1:
17.94