The current S/P reflects what this market is all about, nothing about it makes any sense. We have a bank balance of $80mil which equates to 21c per share a small income from the iron ore mine, a sizable molybdenum deposit which will one day be a viable mine. With cash in the bank we are able to take advantage of these cash strapped times to acquire a viable project and look at the S/P. When all the ducks line up this stock will go off like a rocket.
MOL Price at posting:
12.0¢ Sentiment: Hold Disclosure: Held