re: Ann: FIRB Confirmation for Hanlong Transa...
don-corleone
I agree with your sentiments this stock is now under valued. Would have thought a bigger reaction today but the fact remains that this Company will now go into production. We will always have someone who sold out at the wrong time, some we lose some we gain.
By the way Moly price is on its way up !!!! $12-50lb
This is the bottom of the cycle, when the mine is up and running it should be close to the top of the next cycle. Got to hand it to those Chinese, smart very smart.
If this deal gets done we should see a positve move up, once finance is forthcoming, another move up, moly price moves up S/P follows. Just got to hang on for the ride,
Must keep in mind another predator could be ready to strike.
MOL Price at posting:
$1.07 Sentiment: Buy Disclosure: Held
