Comments for Moly Investing News http://molyinvestingnews.com Objective News on Molybdenum mining, exploration, and Moly industry investing Fri, 26 Feb 2010 18:42:37 -0600 http://wordpress.org/?v=2.8.5.2 hourly 1 Comment on Oriental Minerals: Exploration and Development of World-class Mines in South Korea by Resinco Capital Partners – Resource Investment Company http://molyinvestingnews.com/138-oriental-minerals-exploration-and-development-of-world-class-mines-in-south-korea.html/comment-page-1#comment-8 Resinco Capital Partners – Resource Investment Company Fri, 26 Feb 2010 18:42:37 +0000 http://www.molyinvestingnews.com/?p=138#comment-8 [...] Moly, Tungsten – Oriental Minerals Inc. [...] [...] Moly, Tungsten – Oriental Minerals Inc. [...]

]]> Comment on What Lies Ahead For Moly? by Ken Shonk http://molyinvestingnews.com/1704-what-lies-ahead-for-moly.html/comment-page-1#comment-102 Ken Shonk Fri, 19 Feb 2010 17:33:37 +0000 http://www.molyinvestingnews.com/?p=1698#comment-102 Several misimpressions in this article. First, molybdenum is not a by-product of nickel production. When it occurs with nickel mineralization, it is a mineralogical curiosity, as is rheniite. Second, Entree Gold's Yerington area copper project is just that, a copper porphyry exploraton project, with minor potential for by-product molybdenum production. The odds are 100:1 than any new porphyry copper mineralization in the Yerington district will be similar in character to the long known Ann Mason deposit which is 810Mt grading 0.004% Mo and 0.4% Cu with a higher grade core containing 165Mt grading 0.01% Mo. This does not a molybdenum mine make. Most companies producing by-product molybdenum from their mining of porphyry copper deposits have Mo grades of 0.015% or higher though there are a few exceptions. The metallurgical character of molybdenite in the deposit is key to the technical and economic feasibility of recovery. Entree Golds real Mo asset is Zun Mod in Mongolia, but grades discovered to date are probably marginal. Higher grade deposits not in production include Climax, Kitsault, Liberty-Hall-Tonapah, Cave Peak, and Mount Hope in the US, several deposits in China, and two very large deposits in Russia. Several misimpressions in this article. First, molybdenum is not a by-product of nickel production. When it occurs with nickel mineralization, it is a mineralogical curiosity, as is rheniite. Second, Entree Gold’s Yerington area copper project is just that, a copper porphyry exploraton project, with minor potential for by-product molybdenum production. The odds are 100:1 than any new porphyry copper mineralization in the Yerington district will be similar in character to the long known Ann Mason deposit which is 810Mt grading 0.004% Mo and 0.4% Cu with a higher grade core containing 165Mt grading 0.01% Mo. This does not a molybdenum mine make. Most companies producing by-product molybdenum from their mining of porphyry copper deposits have Mo grades of 0.015% or higher though there are a few exceptions. The metallurgical character of molybdenite in the deposit is key to the technical and economic feasibility of recovery. Entree Golds real Mo asset is Zun Mod in Mongolia, but grades discovered to date are probably marginal. Higher grade deposits not in production include Climax, Kitsault, Liberty-Hall-Tonapah, Cave Peak, and Mount Hope in the US, several deposits in China, and two very large deposits in Russia.

]]> Comment on What Lies Ahead For Moly? by What Lies Ahead For Moly? http://molyinvestingnews.com/1704-what-lies-ahead-for-moly.html/comment-page-1#comment-101 What Lies Ahead For Moly? Fri, 19 Feb 2010 15:16:58 +0000 http://www.molyinvestingnews.com/?p=1698#comment-101 [...] For complete article, click onto Moly Investing News. Email and Share: These icons link to social bookmarking sites where readers can share and discover new web pages. [...] [...] For complete article, click onto Moly Investing News. Email and Share: These icons link to social bookmarking sites where readers can share and discover new web pages. [...]

]]> Comment on Moly Producers Ring In Good Times by Harold Clifford http://molyinvestingnews.com/1670-moly-producers-ring-in-good-times.html/comment-page-1#comment-100 Harold Clifford Tue, 16 Feb 2010 22:33:33 +0000 http://www.molyinvestingnews.com/?p=1665#comment-100 Denton asks: "Why is domestic Chinese production increases considered to be a good thing?" and "Wouldn’t that lessen the demand for moly imports?". The answer to your 2nd question is of course YES. (If it were happening, which it is not.) Your 1st question suggests a misinterpretation of the article: The article does not report that China is going to increase moly production but,rather,reports (indirectly)that many of the smaller (read:aging/inefficient/dangerous and environmentally unfriendly) moly mines and smelters/roasters are going to be shut down. The mechanism for officially shutting them down is the proposed new rule that limits moly mines and processors to a minimum volume. Although China may very well increase its moly production over the longer term (several years?),the effect of shutting down the numerous producers who do not meet the forthcoming(?) thresholds will be to lower Chinese moly production in the near term. Many of these "very small" producers did shut down production in late 2008 when moly prices plummeted to uneconomic levels amidst sharply falling demand, but then began re-opening in the spring of 2009, primarily to fight unemployment in the industry (despite their negative economics.) China's Ministry of Industry and Information Technology MIIT)is simply working toward shutting down the hi-cost, hi-risk mines that are apparently "more trouble than they are worth". The bottom line is that it is a positive development for global moly producers, i.e. less global production and higher prices as demand continues in its current recovery mode. Harold Denton asks: “Why is domestic Chinese production increases considered to be a good thing?” and “Wouldn’t that lessen the demand for moly imports?”.

The answer to your 2nd question is of course YES. (If it were happening, which it is not.)

Your 1st question suggests a misinterpretation of the article:
The article does not report that China is going to increase moly production but,rather,reports (indirectly)that many of the smaller (read:aging/inefficient/dangerous and environmentally unfriendly)
moly mines and smelters/roasters are going to be shut down. The mechanism for officially shutting them down is the proposed new rule that limits moly mines and processors to a minimum volume.

Although China may very well increase its moly production over the longer term (several years?),the effect of shutting down the numerous producers who do not meet the forthcoming(?) thresholds will be to lower Chinese moly production in the near term.

Many of these “very small” producers did shut down production in late 2008 when moly prices plummeted to uneconomic levels amidst sharply falling demand, but then began re-opening in the spring of 2009, primarily to fight unemployment in the industry (despite their negative economics.)

China’s Ministry of Industry and Information Technology MIIT)is simply working toward shutting down the hi-cost, hi-risk mines that are apparently “more trouble than they are worth”.

The bottom line is that it is a positive development for global moly producers, i.e. less global production and higher prices as demand continues in its current recovery mode.

Harold

]]> Comment on Moly Producers Ring In Good Times by Denton http://molyinvestingnews.com/1670-moly-producers-ring-in-good-times.html/comment-page-1#comment-99 Denton Thu, 11 Feb 2010 16:33:40 +0000 http://www.molyinvestingnews.com/?p=1665#comment-99 Why is domestic Chinese production increases considered to be a good thing? Wouldn't that lessen the demand for moly imports? Why is domestic Chinese production increases considered to be a good thing? Wouldn’t that lessen the demand for moly imports?

]]> Comment on Moly Producers Ring In Good Times by Moly Producers Ring In Good Times http://molyinvestingnews.com/1670-moly-producers-ring-in-good-times.html/comment-page-1#comment-98 Moly Producers Ring In Good Times Thu, 11 Feb 2010 15:43:47 +0000 http://www.molyinvestingnews.com/?p=1665#comment-98 [...] For complete article, click onto Moly Investing News. Email and Share: These icons link to social bookmarking sites where readers can share and discover new web pages. [...] [...] For complete article, click onto Moly Investing News. Email and Share: These icons link to social bookmarking sites where readers can share and discover new web pages. [...]

]]> Comment on Big Time Rebound Set For Moly by amelius http://molyinvestingnews.com/1546-big-time-rebound-set-for-moly.html/comment-page-1#comment-96 amelius Tue, 02 Feb 2010 09:41:35 +0000 http://www.molyinvestingnews.com/?p=1546#comment-96 Certainly Moly Mines MOl.ASX and MOL.TMX have a big lead in this regard. Have their deposits next to anew port facility. Will be producing IRON ore and exporting in about 8 months. Will be perhaps producing the MOLYBDENUM from thier processing facility in 18-24 months. A real hot commodity ready to be exported faster than most mention in above article. Certainly Moly Mines MOl.ASX and MOL.TMX have a big lead in this regard. Have their deposits next to anew port facility. Will be producing IRON ore and exporting in about 8 months.
Will be perhaps producing the MOLYBDENUM from thier processing facility in 18-24 months.
A real hot commodity ready to be exported faster than most mention in above article.

]]> Comment on Moly Prices Set To Be Firm by Moly Prices Set To Be Firm http://molyinvestingnews.com/1579-moly-prices-set-to-be-firm.html/comment-page-1#comment-97 Moly Prices Set To Be Firm Mon, 01 Feb 2010 03:20:20 +0000 http://www.molyinvestingnews.com/?p=1579#comment-97 [...] For complete article, click onto Moly Investing News. Email and Share: These icons link to social bookmarking sites where readers can share and discover new web pages. [...] [...] For complete article, click onto Moly Investing News. Email and Share: These icons link to social bookmarking sites where readers can share and discover new web pages. [...]

]]> Comment on Big Time Rebound Set For Moly by jason http://molyinvestingnews.com/1546-big-time-rebound-set-for-moly.html/comment-page-1#comment-95 jason Fri, 29 Jan 2010 03:41:46 +0000 http://www.molyinvestingnews.com/?p=1546#comment-95 Good article... but why wasn't GMO talked about. They are about to be permitted and have 1.4B Moly @ 5.23. Most of the companies talked about in this article will not be producing for 3 - 5 years. Good article… but why wasn’t GMO talked about. They are about to be permitted and have 1.4B Moly @ 5.23. Most of the companies talked about in this article will not be producing for 3 – 5 years.

]]> Comment on Big Time Rebound Set For Moly by Big Time Rebound Set For Moly http://molyinvestingnews.com/1546-big-time-rebound-set-for-moly.html/comment-page-1#comment-94 Big Time Rebound Set For Moly Mon, 25 Jan 2010 15:58:19 +0000 http://www.molyinvestingnews.com/?p=1546#comment-94 [...] For complete article, click onto Moly Investing News. Email and Share: These icons link to social bookmarking sites where readers can share and discover new web pages. [...] [...] For complete article, click onto Moly Investing News. Email and Share: These icons link to social bookmarking sites where readers can share and discover new web pages. [...]

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