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Gold/Mining/Energy : The Molybdenum Discussion Board

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To: Night Trader who wrote (3033)	9/6/2007 8:04:10 AM
From: james flannigan	Read Replies (1) of 3267

Martin, you may want to keep an eye on a zinc play moly target company that Rick Rule has taken a large PP in, Lithic resources (LTH) LTH has a historic resource of 1.5 billion lbs of high grade zinc grading 8%, that they are drilling to a 43-101 by late fall. The company has old drill data that suggests a large moly deposit below the Crypto zinc ore.As we speak they have done a 2100 ft deep hole to target the moly(its in the lab). I spoke to management this week and was told that a second deep hole is well under way in the current 10,000 mtr program.By the end of this month we will know if Lithic and its moly target is real.If so we may be able to talk about it moly prospect on this board as well as the zinc board. James

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