RE:MovementBest part of the 89,000 traded is that the last 8 trades for 13,000 sh.were at a strong .55 cents, with 30,000 @ .54, and in the middle of the day tens of thousands at .55 also. Long way from the .50cents not so long ago, on weak volume.
Someone(S) is interested in this stock, looks like.
Also interesting is that the MOLY price decreased from $55.00 us per kilo to $43.00 per kilo. a few days ago. That is a $12,00 us per kilo drop or 22% drop which is substantial. The price has been very stable for last year, so probably this is just a year end supply/demand issue. Hopefully this kind of fluctuation will have some impact on the share price in future, however now the moly ore is not part of the valuation.