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Gold/Mining/Energy : The Molybdenum Discussion Board
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To: basserdan who wrote (3132)3/3/2008 9:46:55 PM
From: WalterWhite  Read Replies (2) of 3267
 
I met some of the GPXM team at the Royal York today where they had a hospitality suite for PDAC. Nothing to report really except to say they appear to be genuinely excited about proving up the gold property (rig has arrived) and then expanding the moly resource. They are processing 100 tons a day at Ashdown and producing 5 to 6,000 lbs of moly - sometimes as much as 8,000 lbs/day. Ramp up to 200 tons will happen once more necessary infrastructure and new resource estimate is completed.

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