Adnac Moly shifted 15% on higher volume
Adanac Molybdenum has lost 15% Tuesday on volume of 1,267,491, which was higher than its three-month average 858,189, to end the day at $0.09. For full story, click here
Articles Tagged "higher"
Largo’s Updated Mineral Resource Estimate Defines Higher-Grade Zone
Largo Resources Ltd. has finished a new block model and updated mineral resource estimate incorporating the results from its 2008 drill program consisting of 38 holes totalling 11,509 metres, the results from the 2007 and 2006 drill programs completed by Largo and historical drilling results for the Northern Dancer deposit. For full story, click here
Sign of the times, molybdenum ETF liquidates
In April 2007, when the Sprott molybdenum fund was created, the minor metal was on a fast track. When the fund was created the metal was trading consistently at US $25 per lb; after the ETF was up and running moly cruised to US $ 40 per lb.
Thompson Creek shares jumps after Jim Cramer’s report
Thompson Creek Metals Company Inc. shares moved higher after CNBC’s Jim Cramer recommended the stock on the basis that there is a shortage of worldwide supply of molybdenum and the company is well poised to take advantage of rising molybdenum prices. For full story, click here
