Gold and Silver Juniors, Mid-tiers and Producers Message Board

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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: Mr. Aloha who wrote (19627)	8/31/2006 11:29:42 PM
From: jackjc	of 78419

Great news Aloha, for the first time the mill is fully permitted to process both Moly and gold, probably the only small jr so qualified. And the decision to select the most suitable of their many previous producing gold mines for production to back up the moly. The moly profits could be huge at todays moly price but the metals industry does not expect that to last. But most of us expect the POG to hold up and advance, and that is where long term profits and expansion of more of the gold props comes in to play. They need to get suitable profitability from the 3000T moly bulk sep-oct, and move directly to ramp into the deposit down 1 or 2 levels and continue mining. And that is the plan. At the projected grade and mining 200T/d the cash flow would likely exceed the entire present mkt cap in one yr (my guesstimate only).

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