mol up 8.5% on tsx to $1.15..., page-8

Make no mistake molybdenum is the main game, and its on track for the mine to begin construction second half of this year. The finance package looks to be a real winner for MOL the Chinese Bank have given us a very good deal if what Derek Fisher says is right.

The Iron Ore is a very big bonus, with prices high the company want to take advantage and ramp up production. They also are looking for other opportunities to expand into iron ore, so its going to be interesting to see how it all pans out.

What we need now is for the price of molly to go up, this could happen at any time with only a small amount of surplus with current production. Add Japan needing lots of steel to rebuild that could send the price of iron ore and molly up over the coming months.

I,m happy that its all coming together, a lot slower than anticipated "better late than never" is what they say. Only a few weeks for them to sign on the dotted line and its game on then we should see the S/P take off??????