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Message: NEWS - Hi Ho Silver Resources Inc. Will Be Featured on CEO Clips Airing on BNN

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edminnema

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Re: SILVER BULLISH

in response to Re: SILVER BULLISH by gemoz

posted on May 04, 08 07:54AM

.1% moly is very economical at todays prices, given certain parameters. Lets say HIHO has a historic reserve calc of 25,000,000 tons grading .1%, and using a price of $33 dollars a pound moly, that would equate to

$66/ton X 25,000,000 = $1,650,000,000 . Sure I would like 1%, dont think there are any deposits with an average grade even close to that, that would be unreal.

Sorry, got confused with the previous question.

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