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Bullboard - Stock Discussion Forum Moly Mines Limited T.MOL

TSX:MOL - Post Discussion

Moly Mines Limited > At 14.80 , Moly should be really...
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Post by Zorro99 on Jun 02, 2014 12:50pm

At 14.80 , Moly should be really...

looking at starting construction of the mine.
If they did it on a smaller scale, it would be
profitable very fast as the price continues
it's upward trend.
JMHO
Comment by jamesrobertxb on Jun 02, 2014 12:57pm
This post has been removed in accordance with Community Policy
Comment by curt2go on Jun 02, 2014 1:49pm
It would be nice. Mol has been idle for too long.. They need to catch the momentum of this uptrend in moly price... 
Comment by OnDaBall on Jun 03, 2014 10:07am
Zorro, don't forget they sold off most, if not all of their equipment for the moly operation to stay afloat before the iron ore contract with Unity. So when (not if) they start up the moly mining they will have to purchase it all again, or maybe they can lease it if their is any doubt about a stable moly oxide price. Either way, I'm with you in being optimistic about their staying in the ...more  
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