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: hank2010 who wrote (25203)	11/13/2006 1:00:23 AM
From: jackjc	Read Replies (1) of 78410

GMO: I got the original 97pp IPO report from Penntrade and considered it at .40. I now think it could be economic at any reasonable moly price. But there was no prop then and the Russell's took almost half the sh, I thought greedy, and would not jump in. Another of my numerous mistakes, worse than passing on the .30 AUA PP. Jason has been a 900lb gorilla in this, as in most others of his. I think ROK, GPXM, and Roxmark, together will mine around 6M lb moly, and not affect the price materially. If Roxmark gets a yr or two of high moly out of it I would be satisfied as the gold props are much more important and they can use the cash for that. With moly you need a fallback ...................................................

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