Skip to content
June 9, 2009 / Jeb

Molybdenum Companies Increasing Production

Thompson Creek came out with a news item today which states that it will increase production of molybdenum due to the improved market conditions.  This is what we saw here a few months ago in the charts of Thompson Creek and General Moly.  We believe that this is an opportune time to get into commodities as prices have not fully reflected market conditions.  We will be issuing recommendations shortly on a few more trades.  Stay tuned.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: