MOLYMANIA the race is on Message Board

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Gold/Mining/Energy : MOLYMANIA the race is on

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To: Rocket Red who wrote (38)	1/22/2005 10:56:28 AM
From: The Barracuda™	Read Replies (2) of 336

That tonnage calc is with the .1 % cut off. At current moly prices, that .1% moly cut off is bogus. Kaiser thinks that Moly's current price is not sustainable; I think and know he's right and so does everyone else on the planet. I was certain that $40 oil was unsustainable Also, Moly cor's drilling in the 1990's showed 150 meters of .6% moly Under the current deliniated resource; that isnt a part of any calc since it is only one drill intersection of one drill. But is it nothing or is it something?

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