Post by
Tad on Jan 29, 2021 3:40pm
Some interesting information about Molybdenum
I know Stuhini's mg't team has been focusing on the silver and gold aspect of exploration for the past couple of years. We have seen some exceptional samples reported in the past few news releases. I highly suspect more good news will continue to flow as the company reports findings from the past year's exploration.
However, we shouldn't forget the fact that the company also has a known resource of over 400 million pounds of molybdenum.
Moly prices have been creeping back up in recent months, currently quoted at US$25/kg or roughly US$10.50 per lb
Here's an interesting article to read about the possibility of molybdenum being used in the next generation of batteries ....
[url=]https://www.imoa.info/molybdenum-media-centre/blog/blog-details.php?objectID=570&lang=en]/url]
[url=]https://www.imoa.info/download_files/molyreview/excerpts/19-2/Batteries.pdf?m=1568866445&[/url]
Hard to see this company's share price staying at these current levels for too much longer.
GLTA !
Comment by
Tad on Jan 29, 2021 3:49pm
Let's try those links again ..... https://www.imoa.info/molybdenum-media-centre/blog/blog-details.php?objectID=570&lang=en [url=https://www.imoa.info/download_files/molyreview/excerpts/19-2/Batteries.pdf?m=1568866445&[/url] GLTA !