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Bobwins

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Bobwins

Re: checkmate28 post# 35475

Friday, 01/06/2023 3:17:35 PM

Friday, January 06, 2023 3:17:35 PM

Post# of 35789
Hi Checkmate, MOLY

Never quite got it right. Used mostly for steel hardening. In order for Moly to thrive, we need a booming world economy that is demanding a lot of steel. I don't think that is happening soon. Did CPM group highlight a significant supply shortfall in Moly? Otherwise, I don't think it's going to take off.

The other problem with MOLY is the relative scarcity of Moly only mines. With the time frames required to discover, drill out and get a mine approved and financed, it's hard to hit a window when MOLY prices will be continuously strong. It's definitely a minor metal but I can't remember a significant MOLY mine coming line either.

Please post stock symbols first in all your posts. If it's a foreign stock, please list the US pk equivalent symbol.

If the Commodities Boom is Over, I am just a Gold Bug headed for the Windshield of LIFE

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