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Gold/Mining/Energy : The Molybdenum Discussion Board

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To: basserdan who wrote (2908)5/6/2007 6:48:50 PM
From: jimsioi  Read Replies (1) of 3267
 
basserdan, re GPXM

Got write up on the company...He makes the point that got me ought in the mid 30s some time back.

"Management is going to use some of the $6 million to explore and develop the Ashdown Molybdenum Project. In my view, this is extremely important."

Yes, they have to prove up a bigger ore body...and maintain commercial levels of production...not easy tasks.

He continues:
"If GPXM continues to execute its business plan, I see no reason why this stock can’t be above $1.00 by the end of 2007."

I thought I read in some financial writer's piece about a year ago that $1 should be seen at the end of 2006. The end zone keeps being pushed further out. If it wasn't for the Sprott Fund generating MOLY attention at this time I suspect the shares would be about where I left them...

Hope the investment works out for all longs...
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