Welcome To The Bolero Resources HUB On AGORACOM
A junior natural resource company focused on the acquisition and exploration of precious and base metal properties in Canada and United States.

AGORACOM News Flash

ATTENTION AGORACOM MEMBERS - WE'RE GROWING AGAIN & YOU'RE INVITED:

Hey, gang.  We're really proud to announce another great tool for our members and all online investors.  Here's the news:

1.  AGORACOM Launches Online Conferences  (Full Story)

2.  AGORACOM Announces 1st Conference.  The AGORACOM Online Gold & Commodities Conference  (Full Story).  December 3-4.  Save The Date!

Looking forward to your feedback.  Thanks and have a great day!

Regards,
George, Paul et al.

 

Message: News

Generic_profile
Rank: [?]
Treasurer
Points: [?]
320
Rating: [?]
Votes: 21 Score: 4.0
  • Currently 4.1/5 Stars.
Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Re: News

in response to Re: News by abbdb
posted on Mar 31, 08 08:27PM

 

If you take into account the total indicated for both CC and BB is about 393 millions lbs, plus the inferred is 217 million lbs. this is on the same scale as many of the Thompson Creek properities. Additional drilling will transfer the inferred to the indicated column.

400 millions lbs of moly at the current moly prices is worth $12 Billion to the majors. However, the value to the junior in the ground is about $.30. $.30 x 400million lbs gives a market cap of about $120 million dollars. Based on 85 million shares outstanding that works out to be about $1.42 per share

At some point, the economics of these properites become very compeliing to the majors.

 Regards

New Message

Please login to post a reply

AGORACOM Quick Tips

Bullish On China? AGORACOM Launches ChinaSecurities.com ... Check It Out

President's D.D.

New feature: Hub Presidents can add important links here.