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Posted: Monday Mar 7 9:35:54AM 2005
I should add that my prefereed way of playing to moly boom is Roca Minerals. They have applied for fast track approval (not unusual in British Columbia for samller deposits) and expect to be producing by fall. Moly is usually produced as a secondary by product from copper mines so aside from Roca there are no pure plays that expect to be operational within the current year.
Posted: Monday Mar 7 9:24:03AM 2005
Moly makes steel hard. Moly steel is used in the production of drilling equipment. In part moly trades in sympathy with oil prices.
Posted: Thursday Feb 24 9:14:42PM 2005
Steels, alloys, lubricants and catalysts are the main uses of molybdenum. Go to www.kaiserbottomfish.com. He has a good report on molymania with lots of companies mentioned that you can do some research on. Good reading.
Posted: Thursday Feb 24 10:21:36AM 2005
Can anybody tell me how important molybdenum is to the makeing of steel?