RE: Where there is smoke there is fireMy my my, how panic has settled in over here.
You people still don't get it. A senior VP at Phelps Dodge, the largest player in the market, says that Moly will fall back closer to the $20 level for 2006. That is still a very stong price and way above the average for the past decade, but it's not strong enough when your costs are close to $20. Where''s the profit?
Anyone wish to debate that fact?
eh