Bard Ventures is focused on two projects in British Columbia north of the town of Houston. Both properties are prospective for molybdenum and silver. Both projects are close to excellent infrastructure including a rail line, high voltage power lines, a gas pipeline and a highway.
Molybdenum prices are currently hovering around the $9 per lb mark, a drastic decline from last Augusts’ high of $34. Molybdenum managed to hold its price point longer than other metals; but in the fourth quarter of 2008 the steel industry’s defeat sent molybdenum on a free fall.
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