SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Proud Deplorable who wrote (3565)12/26/2005 10:34:22 AM
From: loantech  Read Replies (2) of 78412
 
Hi RE you are correct. You no more like Moly? <g> I like moly now that the buzz is gone. Liz says moly could be very big this year. EC and jack like some moly companies. They are sharper than me. Let's see what happens in 2006.Here are som bob321 moly excerpts:

Adanac is an advertiser. We participated in a recent private placement and as such have a vested interest in the success of the company. I like the management, I like the project and I love Atlin lake. This article neither suggests buying or selling any stock. It's your money, do your own due diligence.

321gold.com

My favorite moly junior is Adanac Moly Corp. - (AUA-V $.61 Canadian 31,000,000 shares outstanding, about $18 million market cap ANCGF-OTCBB website) CEO Larry Reaugh has added on several interesting moly projects in Nevada to the core project at Ruby Creek in BC amounting to just under 200 million pounds of moly based on the prior numbers. Reaugh is bringing the resource up to 43-101 standards by the end of March, 2005.

Ruby Creek appears to me to be the most advanced large moly project around. As I said in August, this is a race to the finish line. Moly projects are springing up like mushrooms in springtime and many of them will never go into production. John Kaiser makes a very valid point that there is no long term shortage of moly. I suspect moly prices will eventually in a few years settle down in the $10 range. But the odds are we could see $50 a pound before we see $25.

321gold.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext