Developing Mexico’s Largest Molybdenum Deposit
El Creston property hosts NI 43-101 indicated resource of 169 Million lbs. and inferred 141 million lbs. of Molybdenum
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Creston Moly Corp. > Message
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For your information

Posted by: 2b on July 19, 2008 06:34PM

I wanted to tell you about Sherwood Copper as related to the two men that Creston recently brought on board and this may shed some light on "what is possible" if they go into production.

Sherwood Copper has brought the Minto mine into production faster than just about any mine I am aware of. Recently appointed Advisory Board member Colin Benner is a director of Sherwood Copper among other companies. Director Richard Godfrey is the CFO of Sherwood Copper.

I think Sherwood Copper is a model for how junior mining companies should be run. They are aggressively pursuing expansion, always pursuing value, limiting dilution and fast tracking where possible. They actually started construction of their mine before they has the funds to build it.

Unfortunately, the share price has been awful ever since they began commercial production. This may be related to the hedges they had to put on to get a loan, although fundamentally, they are going to make a huge amount of money in the coming years.

Check them out and how they related to Creston Moly. One more thing; The Ceo of Sherwood Copper sits on the board of Mercator Minerals; a molybdenum/ copper miner.

http://www.sherwoodcopper.com/i/pdf/...

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Executive Address
Gvi-george-bc
Jonathan George, President & CEO
Episode 2
November 27, 2007

Jonathan George gives company update and discusses supply demand dynamics of the moly market.

View Broadcast