Gold and Silver Juniors, Mid-tiers and Producers Message Board

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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: tyc:> who wrote (66591)	8/1/2009 10:10:45 PM
From: hank2010	Read Replies (1) of 78419

I do not think any of the junior non-producers share prices have responded to the increase in price of moly yet. price of moly is up but sentiment has not turned positive yet. I note Sprott moly participation fund sold off their assets near the bottom (or did their sales cause the bottom?) Now (or esp 6 months ago) would have been the time to be buying moly but when things are going down, folks think they will go down forever, and reverse is true when things are going up. The rate of increase in moly price is accelerating. If we do not have a double bottom recession, I think "our hopes are justified"

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