Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : MOLYMANIA the race is on -- Ignore unavailable to you. Want to Upgrade?

To: Bruce Robbins who wrote (85)	1/23/2005 12:02:41 PM
From: Condor	Read Replies (1) \| Respond to of 336

The Chinese production factor should be considered Hi Bruce, You mean as in manufacturing production or moly production? C

To: Bruce Robbins who wrote (85)	1/23/2005 12:45:44 PM
From: Condor	Read Replies (1) \| Respond to of 336

FWIW the report says: "China continued its high level of steel production and consumption, thus providing a stable demand for molybdenum" I'll say <g> see the second page "Events Trends and Issues" as it goes on to say: "With the continuing high price of nickel bearing stainless steel in 2004, consumers increasingly considered use of duplex stainless steel, with higher molybdenum content." Bruce, you will be interested in the World Reserve Base numbers. Presumably China could boost production somewhat and of course global consumption will be a reflection of Chinas own economy also. Personally I expect moly prices to back off to.........???? and when..........??? BWDIK Cheers C