Stock O'holics Investing University

[mick]

Golden Phoenix Minerals, Inc. (GPXM) to target new molybdenum deposits
Friday, 15 February 2008
Record nickel prices are driving stainless steel manufacturers to substitute other metals, such as manganese and chromium in their composition. One metal increasingly being used in a growing number of applications, for which there is less possibility of substitute, is molybdenum (Mo). By 2020, the annual demand for molybdenum could surpass the 700 million pound level. This is more than double the amount of molybdenum mined just a few years ago.

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