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To: Land Shark who wrote (24801)	1/17/2005 10:29:20 AM
From: hank2010	Read Replies (1) \| Respond to of 313662

AUA is a good one, but not my favorite moly play, yields, but compare that "low grade" of .067 (1.34 lbs/ton) to Kennecott's Bingham Canyon operation which has been operating for slightly less than 100 years at about 0.4% copper = 8 lbs per ton = about $11.20 per ton at $1.40 copper. Or compare to MRI operation here in Montana which mines 0.035% Mo equiv. The porphyry moly deposits are very large and very uniform leading to tremendous economies of scale. For high grade uranium in Athabaska sandstones and some of their unique problems see my post #14205 on this forum.

To: Land Shark who wrote (24801)	1/17/2005 1:54:29 PM
From: Proud Deplorable	Respond to of 313662

stockhouse.ca does that convince you? BTW it's Kaisers first mention and the ONLY pure Moly property in N America BTW .063 is low but the resource is huge compared to the one you mention and very economic at 1/4th todays moly price. You state as a fact that there will be permitting and environmental problems, but it is not a fact at all. I'd like to know why you are so sure. Fisheries done and came up aces. Environmental Baseline Studies done and came up aces. Klohn Krippen says proceed. Environmental impact studies underway. Great relations with 1st nations who see employment coming. Roads all in place. 40 minutes to Atlin and a road to Skagway is in place. Might be a good idea to read his comprehensive report: Message 20957327