TTM, Bard ignited by BC molybdenum assays

摘要

Significant molybdenum assays from projects in northern British Columbia ignited the shares of TTM Resources (TTQ-V) and Bard Ventures (CBS-V, BVTLF-O), sparking active trading in the TSX Venture Exchange-listed juniors. Both companies are in the early stages of exploration and are getting attention at a time when the price of molybdenum - an alloying element used to produce steel and cast iron-has soared to 26 US dollars per lb. on the strength of strong demand from China. That's up from 5 US dollars per lb. in early 2004.