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Gold/Mining/Energy : GOLDEN PHOENIX MINERALS, GPXM

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Nov 7 9:30 AM EST

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To: blind-geezer who wrote (389)	4/20/2005 4:50:43 PM
From: Vince Moretto	Read Replies (1) of 811

In regard to the molybdenum, the current (proven) reserves on the Ashdown property are worth in excess of 30 million. News out today on upgrade of pilot mill to full small mill status...appears to be plans to accelerate production...Indicated and expanded reserves are a question mark at this point, I'm sure that more drilling will follow production. Vince

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