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Jolly moly

HALLMARK Consolidated (HLM) has joined a rarefied club with the purchase of the Molyhil molybdenum/tungsten deposit. Meantime one of Andrew Forrest’s listed playthings, Hibernia Gold (HIB), recently acquired a stake in the large tonnage but low grade Coppins Gap molybdenum deposit and is actively investigating other moly properties. What’s going on wonders <b>The Mine Canary</b>

MiningNews.Net
Jolly moly

Readers will not be surprised to learn that the molybdenum price blasted into orbit late last year. Moly was recently trading around US$17 per pound, just a tad above its long term average of around US$3/lb!...

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