Worring about how low you can buy in at the moment is stupid....

Worring about how low you can buy in at the moment is stupid. Lets look at the facts and not some chart to see what is about to happen. Trying to make a short term profit at this time just does'nt make sense.

MOL is a company with a huge resource of Molybdenum, Copper, add a sprinkle of Silver and finish with a small amount of Iron Ore.

Without the investment of Hanlong they have the resource, and a load of debt, but no means of bringing those resources to production, except the Iron ore. The Iron Ore alone could pay back the loan to TCW. So we should not be to concerned about the debt.

Hanlong are not stupid they know that the demand for Moly is only going to increase over the next few years. To take advantage of that they needed to buy a Company that was ready to build and bring on production very quickly. MOL ticked all the boxes so was a great buying oportunity for them.

The S/P at the moment is reflecting the fact that MOL is a development Company with potential. Once finance is Announced its a very different kettle of fish. The value of those resources today is about $23bil put that into your charts and see what pops up, its makes the current S/P a joke. So if you are looking for a profit and think that all the pieces are going to fall into place why would you be thinking of short term.