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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.


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