Molybdenum

[hardrockminer]

New Research Report out on Bard Ventures and their moly prospects. You could download the Fundamental Research Analyst report on Bard here: http://www.megaupload.com/?d=8XLUJCZG

Love that he raised his target price and has a BUY on the stock based on a moly price of $10/lb but common, he is being way too conservative considering what Bard is sitting on and how much potential there is too prove up much more resource and the amazing proximity to all the infrastructure they will need for a mine (rail, power...). He could have come up with a valuation of $5.00/share and it would still sound reasonable to me.

For instance, check out this cool resource calculator tool. For the inferred resource, it says the share price should be $9.70US and on cumulative gross totals should be more than $48US. Too bad that Fundamental Research analyst didn't use this tool for his report.

http://shareknow.net/companies/1181

Scroll down to resource calculator, select Lone Pine, agree to terms..