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Gold/Mining/Energy : The Molybdenum Discussion Board

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From: PayShhhhence	9/16/2007 12:36:40 PM
	Read Replies (1) of 3267

IF you has ever thought you'd like some exposure to the Ashdown Moly Project NOW would be the time to begin accumulating shares.......... The company stated that at an average grade of 5.8%, the mill is capable of producing approximately 295,800 pounds of concentrates per month. OR 159,732 lbs of elemental moly......... That equates to 40 SSs a month........... WELL within our parameters..... if MAX production is 2 SSs a day… realistically, at this time I believe we can produce 45 SSsa month on a regular basis(or two SSs every other day). 4th quarter production if we are able to do as Dave Tretbar stated during the tour could come in at 45SSs x 3900 lbs moly = 526,500 lbs of moly SO.... They most definitely can do what they say they can.......and they seem to have excess capacity @ 135 SSs a quarter @ 45 SSs a month. IF they are ever able to achieve and sustain 2 SSs a day? We'd be producing 60SSs a month/180 a quarter. The cash flow is going to get ridiculous. IF they bring a second ball mill online next spring the numbers will indeed become parabolic........... WE ARE THERE!!!!!!!!!!!!!!!!!!!!!!! As far as I'm concerned I want to see one thing. A quarterly increase in SSs/elemental moly production and thus quarterly profit increases..... FINE TUNING MOLY GRADES IS INCONSEQUENTIAL as long as the super sacks roll out and we operate under CIP principles. Dave Tretbar said they are continually tinkering with the mechanics and reagents to get the optimal results out of the processed ore feed. What are we? 2-3 quarters away from another ball mill/processing circuit.......... 3rd quarter earnings should exceed 2nd quarter 4th quarter will exceed 3rd quarter easily, and be the first quarter where it was possible to achieve MAX production for 3 consecutive months (although that is STILL a pretty tall order)........ 2008 1stQtr ......... production will be closer to MAX 2008 2nd Qtr.........MAX production achieved plus a little bit more? 2008 3rd Qtr......... New ball mill comes on line........... A year to reach MAX production with both mills........... Then MR......... From that point even at my prediction of 2 years....... MR would come online Sep 2009. You can see that quarterly cash flow will most likely continue to grow quarter by quarter........... CAN YOU SEE IT????????? THIS IS FRIGGIN HUGE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Ohhh yeah......... uhhh Good morning......

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