China Growth Stocks

[derek2000]

XING - This is great news for XING.

China realizes that molybdenum is a national resources, which means that the export will be tightly controlled. If rare earth is any guide, and the molybdenum price will jump.

XING's main product are molybdenum mining. It is a very undervalued stock due mainly to its painful transition from a telecom manufacturer to resource mining.

"the Asian nation would “limit molybdenum mining from next year by classifying it as a national mining resource,”