GOLD in Eureka & Carlin trends Nevada; MOLYBDENUM in British Columbia
High-grade Magnesium and Manganese discoveries on Tami-Mosi Nevada, while CrowRea Molybdenum development continues
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Molycor Gold Corp. > Message
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Re: crowrea

Posted by: gimeen on April 17, 2008 09:24AM

In response to: Re: crowrea by mcadam

That's a very good point, China alone could easily support a $30+ dollar Mo price point. It's funny that you just brought up stainless steel. I was reading a very interesting article on line the other day saying that the stainless steel industry has adopted a new strategy of increasing the molybdenum content by 50%. Even if there is no further increased demand in stainless steel the defacto moly demand will rise by 50%!
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Larry Reaugh
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August 04, 2008

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