Sprott has IPO'd a Molybdenum fund today. This seems to be really a niche market that doesn't seem to fluctuate a whole lot, excluding two years ago when there was some speculative surging.
Sprott's Uranium fund was highly successful in helping to drive up the price of spot Uranium through speculation. This could be a similar play.
China is apparently restricting their exports and keeping mum on their production levels.
An increase in nickel prices may drive the price of this metal.
Some links on moly.
http://www.sprott.com/pdf/Structural%20Change_Denis%20Battrum_March27.pdf
http://en.wikipedia.org/wiki/Molybdenum
http://www.infomine.com/Investment/HistoricalCharts/ShowCharts.asp?c=molybdenum
http://www.stockhouse.ca/blogs.asp?page=viewpost&blogID=629&postID=15679
http://www.sprottmoly.com/Investor_Presentation.pdf
http://www.sprottmoly.com/Prosectus_SEDAR.pdf
http://www.sprottmoly.com/investor.htm
Sedar has more info...
Source: Bill Cara: Cara’s Bull Board, Mon., Apr. 16, 2007, 8:58 AM
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