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Gold/Mining/Energy : The Molybdenum Discussion Board
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To: hank2010 who wrote (3191)7/2/2008 7:23:09 AM
From: tyc:>   of 3267
 
The website indicates that "there is good potential for expansion of the deposit". However, 288 million lbs of molybdenum are contained in the measured and indicated 77.2 million tonnes of ore. Current 43:101 report of Berg says that the 299 million lbs of moly are contained in an "indicated" resource. (Being lower grade the tonnage will of course be very much higher than Davidson).

As they are just beginning a 10,000 metre drilling program to be completed in 3 months, I presume there is "potential for expansion" there too. That makes it interesting to me.
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