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To: grusum who wrote (49)12/23/2004 11:33:57 AM
From: Condor  Read Replies (1) | Respond to of 78
 
Re: UNB
I thought this post of minutes ago by jake on SH was excellent. I particularly liked the comment about raising cut off grade and the resulting effect. That is very revealing about this orebody IMO.
++++++++++++++++++++++++++++++++++++++++
There is plenty of room for more than one moly company. While I agree Adanac is ahead
of UNB on 43-101 there are many lies and half truths and insinuations by the aua'ers that
are just plain amateur scare tactics.
#1. While true unb has only an loi, I know for a fact that once pp closes it will be a done
deal

#2. mining in Montana is easy as can be unless you're talking about cyanide teatetment of
open pit gold ore. Montana is and always has been one of the easiest states to get
permitted in.

#3.If UNB raised the cutoff grade UNB has 164 million tonnes of .087% moly with a strip
ratio of 2.18-1. The aua deposit has 150 million tonnes of .06% and a strip ratio of 3-1
(that's 3 tonnes of rock moved t get one tonne)

#4. UNB has full road access and can ship moly by train (only 15 miles away). There is
also a smelter that processes Moly daily that is not nearly at capacity 35 miles away.

There is no sense getting into any stupid piing matches and I suggest not going to aua
board and picking fights as it will do nothing positive for this UNB discussion board. I do
not in any way think that the newsletter writer meant any harm to aua and it was just the
only moly compariso to unb on the board next to mosquito. AUA is a great buy (even
though it has less IMO and 3 times the shares) and so is UNB and any other decent moly
deposit. The above mentioned 2 are world class deposis and will make money for all
invested IMO.
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