Moly on the mind as next big play |
Written by Andy Hoffman | |
Thursday, 22 March 2007 | |
Base metal has 'captured people's imagination' "Anticipation of a new fund that will invest in molybdenum stocks sparked a market rally in nearly anything and everything related to the rare metal yesterday. As resource guru Eric Sprott was in Toronto marketing his Sprott Molybdenum Participation Corp. ahead of an initial public offering that hopes to raise $75-million, shares in companies who produce "moly," as it is generally called, and many who simply own moly development projects were rocketing higher." More: http://www.theglobeandmail.com/servlet/story/LAC.20070322.RMOLY22/TPStory/Business |
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