"We are entering into a great era for North American molybdenum mining if only we can overcome mindless environmental activism, and we can convince the U.S. government, private industry and Wall Street that a strategic reserve of molybdenum needs to be created and underwritten by Federal guarantees but managed by private industry because its turnover will need to be ready at a moment’s notice to dampen adverse market conditions, and speed is not a property of democratic institutions. There is no other way to stop jobs and technology from being sold out to countries that have hard currencies based on productive natural resources such as the U.S. dollar was and could be again."

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