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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 19, 2022 8:26pm
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Post# 34335580

RE:RE:RE:RE:RE:Moly going forward

RE:RE:RE:RE:RE:Moly going forwardI was heavy inro all moly stocks in 2007 - 2009
MLY Moly Participation Fund (Sprott), this was folded in 2009
Roca Mines - Trout Lake u/g mine and mill
lots of other junior molys
I think Larry Reagh was running Adanac back then
GMO is defunct

It has been 10 years since moly price collapsed
Can't see it climbing past $20, higher production from existing mines will cap it
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