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Adanac Moly Corp. (AUA.V)

COMMENT
Decent deposit. Believes molybdenum market is moving broadly lower in the next 12 to 18 months. Very easy to increase supplies by putting recovery circuits on the back of copper smelters and copper mines so there is less need for primary moly and building mines requires a lot of credit. Will probably be a moly buyer in 2010 when it will be very cheap.
COMMENT
Molybdenum. Has had a heck of a run. If the price of molybdenum stays strong, it will move up. Prefers Blue Pearl (BLE-T).
COMMENT
Supposed to be in production by 09. World production on molybdenum is dropping, so the price should rise. He is not familiar with this company.
DON'T BUY
Not a big fan of molybdenum. Has seen its highs when it went from $2 to $35. Would only consider buying on some very sustained weakness.
DON'T BUY
Doesn't really follow this. Low grade molybdenum deposit in B.C. It’s large and economics look good for the price of moly. Concerned with the price as it went up tenfold. The metal is a small market which makes it very volatile. Also concerned they may have to use diesel generators for power which will be expensive.
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Adanac Moly Corp. (AUA.V) Frequently Asked Questions

What is Adanac Moly Corp. stock symbol?

Adanac Moly Corp. is a OTC stock, trading under the symbol AUA.V (previously AUA-X on Stockchase) on the undefined (undefined). It is usually referred to as or AUA.V

Is Adanac Moly Corp. a buy or a sell?

In the last year, no analyst issued a Buy, Sell, or Hold rating on AUA.V (previously AUA-X on Stockchase) on Stockchase. Read the latest expert commentary for Adanac Moly Corp..

Is Adanac Moly Corp. a good investment or a top pick?

Adanac Moly Corp. was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Adanac Moly Corp..

Why is Adanac Moly Corp. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Adanac Moly Corp..

Is Adanac Moly Corp. worth watching?

Adanac Moly Corp. is covered by Stockchase experts and is worth watching.