MOLYMANIA the race is on Message Board

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Gold/Mining/Energy : MOLYMANIA the race is on

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To: The Barracuda™ who wrote (42)	1/22/2005 1:47:22 PM
From: hank2010	of 336

Yes, Barracuda, I got my figures from page 2 of the G.H.Giroux report, using 0.17 MoS2 cutoff equal to .102% Mo. I disagree however that this cut-off is bogus. MRI here in Butte, Montana are mining .035% Mo equiv. at 52,000 TPD. They started up (re-started) when moly was in the $5 range. Will moly prices stay up? I agree that they are not sustainable in the medium and long term.

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