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Gold/Mining/Energy : The Molybdenum Discussion Board -- Ignore unavailable to you. Want to Upgrade?


To: Proud Deplorable who wrote (209)1/10/2005 3:26:40 PM
From: koan  Read Replies (1) | Respond to of 3267
 
I am posting UNB here because the header says "Moly discussion board" not AUA board, so I guess its ok. It is my understanding that the stripping ratio for AUA is 3 to 1. UNB' stripping ration is .097 to one.

I like both companies equally well. UNB and AUA seem to have about the same amount of total moly, but UNB is closer to infrastructure. I live close to Atlin.

Last, Joe Barwich did the staking and now sits on the board of directors and is an old poster on Stockhouse and many of us kow what a straight arrow he is and how competent.

I am betting UNB will rise to or close to AUA's price and then I will sell half my UNB and buy AUA and hold both companies.

The reason UNB got a late start is that Joe was staking all the property around the main deposit and they wanted a low profile.

There is also 5.5 million tons of very rich ore .168 which they may be able to high grade as a concentrator is only 40 miles away and as long as you leave the footprint under 5 acres it can be fast tracked.

Do your own dd