I said it before and it is worth repeating. Unless the Iron Ore price increases dramatically to pre GFC levels and beyond, the Moly price will stay around where it is now avg US$11.10/lb.
Do your homework properly and do not have an unrealistic outlook on the Moly price. This is a high risk play with much volatility.
http://www.thompsoncreekmetals.com/s/Home.asp
