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Message: NR... May 20, 2010

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ful´o´gas

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Re: NR... May 20, 2010

in response to NR... May 20, 2010 by Wishbone

posted on May 20, 10 09:09AM (Log in to use the IP Check tool) ^[?]

In other news, MPH Ventures is currently updating its NI 43-101 resource estimate for its 100% owned 3,420 acre "Pidgeon Molybdenum Deposit" located near Dryden, Ontario. Since acquiring the project from BHP Billiton and Goldcorp in 2007, MPH Ventures has drilled over 40 holes on the project and has hit significant molybdenum intersections within open pit parameters.

MPH Ventures is focused on the development of its wholly owned gold and molybdenum projects located throughout Ontario. Management of MPH has extensive expertise in identifying and adding value to exploration projects throughout Ontario, Canada.

P.S. NOTE --- If they can expand this resource to 25 million tonnes grading 2 lbs per tonne. and at yield at $18 per lb of moly.. this would give a value around $900 million or a 90 million insitu value.. and with 90 only million shares out ...fully diluted... the share price could rise to around a dollar per share in value..

If moly gains value per lb. in the future or they are able to increase the resource past the 25 million tonne mark .. we would then adjust these figures upward..

Best of luck to our future

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