Interesting times with a lot of different views. I'm pretty positive about the announcement on the strength that the project is moving forward, Moly's management have been sitting on a warehouse of A grade machinery and a mountain of short term debt and i was losing faith in Mgmt's ability to turn it around.
What was put up yesterday may not be the final answer but it's better than half a$$ed placements...IMO
I think you will see plenty of volume and some choppy trading - good stock to make money on in the short term.
MOL Price at posting:
$1.41 Sentiment: Buy Disclosure: Held