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Greenland Resources Inc N.MOLY

Alternate Symbol(s):  GRLRF

Metals & Mining Industrial Metals & Minerals
Greenland Resources Inc. is a Canadian resource company, focused on the development of its 100% owned Climax type primary molybdenum deposit located in central east Greenland. The project also contains copper and magnesium. The project is an open pit operation with an environmentally friendly mine design focused on reduced water usage, low aquatic disturbance and low footprint due to modularized infrastructure. License 2018/11 covers an 82 square kilometer area north of Scoresby Sund in eastern Greenland that includes the Malmbjerg molybdenum deposit. The Proven and Probable Reserves are 245 million tons at 0.176% MoS2, for 571 million pounds of contained molybdenum metal.


NEO:MOLY - Post by User

Greenland Resources Inc > Moly going forward
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Comment by TELEMARKERon Jan 18, 2022 11:30am
87 Views
Post# 34328673

RE:RE:RE:Moly going forward

RE:RE:RE:Moly going forwardTad you have been on SH longer than me by a few years, oldtimers

Remember when moly was U$30+ in 2007 / 2008?
Repeat CG Thompson Creek in Idaho  and CG Endako in BC are shutdown, could be restarted
The resumption of either of these and increased production from FCX Climax / Henderson would affect the Moly price

You stated  "I'm currently invested in one other advanced Climax-type moly play in Western Canada, fully permitted, and the former operator had just decided to go into production"

I am not aware of this one, perhaps you can identify it






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