Alex Ruus Moly Mines Ltd. MOL-OTC DON'T BUY May 07, 2007

New fund on molybdenum raised a large amount of money and have been buying molybdenum companies. This has helped push the stock up. Pretty shallow market. Not comfortable with this.

Alex Ruus

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$4.550

Stock price when the opinion was issued

metal mines

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BUY

There are very few plays in the molybdenum field. Looking for shortage in the next couple of years. Good potential.

BUY

Prefers Thompson Creek (TCM-T) as a molybdenum play. As long as molybdenum holds up, it is a good one to hold.

WAIT

Announced a higher molybdenum reserve. Stock took a big jump and he would wait to see what happens. Feels the price of molybdenum is going to go up. Expect production will commence in 2008 or 2009. Prefers Thompson Creek (TCM-T), which is less risky.

HOLD

(Market Call Minute.) Molybdenum prices are holding.

BUY

One of the commodities that right this minute he is very bullish on. Supply and demand are very tight. Moly prices have not gone up. He owns TCM. Thinks we are right on the cusp of a significant move.

BUY

Moly is used to strength steel. He doesn’t tend to buy junior producers, but this one may be different. A good one to own. If you want to play moly, buy Thomson Creek Minerals.

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Alex Ruus Moly Mines Ltd. MOL-OTC DON'T BUY May 07, 2007

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