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One of the best undeveloped molybdenum resources in the Americas.
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Message: What do you think abot the new resource estimate ?

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Re: What do you think abot the new resource estimate ?

in response to Re: What do you think abot the new resource estimate ? by 2b
posted on Oct 28, 08 06:47AM

The actual red hill zone will add perhaps 20million pounds, if we can not expand the zone. But just like you said..the grades are grate..the costs will be low...the high grade starter pit could finance the project. 300bl pounds waiting for us. at prices of 20$moly..still 6 billion.

production in 2012. so we have enough time to buy at the actual marketcap of 25million $...sky is the limit when we get into production with a bull market starting in 2012. the exchange is alwasy the sam.e...bullmarket..bearmarket...bul...

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