Tag Archive | "mineral properties"

Velocity Minerals – Historic High Grade Moly

Thursday, March 12, 2009

Velocity Minerals Ltd., a company dedicated to the acquisition and development of advanced or high grade molybdenum mineral properties. Velocity presently owns the mineral rights to two molybdenum projects in northern British Columbia (Mt. Haskin and Cassiar Moly) and is actively pursuing other properties in North America and internationally.

Molybdenum’s decline leaves few strong contenders

Monday, January 26, 2009

Molybdenum prices have crashed from a high of $35 per pound at the end of October down to the recent level oft US $12 per pound. This represents the worst decline when it comes to commodity prices; a 53 percent drop to be exact.

Moly Price Chart
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