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

To: HotnSpicy who wrote (1941)4/22/2006 7:55:40 PM
From: pogbull  Read Replies (1) | Respond to of 3267
 
In addition to the 21,550 tons of super high grade Moly you mention Ashdown also has 146,000 tons of Moly ore grading 2.74% and 600,000 tons of Moly ore grading 1% This is enough ore to keep the Ashdown Moly project going for ten plus years.
golden-phoenix.com

GPXM recently acquired the Canadian based Northern Champion Moly deposits.
biz.yahoo.com

Regarding GPXM, it is also important to note that they have the fully equipped and permitted Mineral Ridge gold mine as well as significant gold deposits at the Ashdown site.



To: HotnSpicy who wrote (1941)4/23/2006 12:29:38 AM
From: jackjc  Read Replies (1) | Respond to of 3267
 
Roca is limited to 10,000T small mining permit in the first yr.
At 23 lbs /T recovered X $20 (-roast charge) = 460/T
- 100/T mining cost = 360 X 10,000T = #3.6M for the first yr.
These figures are from an analyst report.
Other costs need to be adjusted also.

When they get the full mining permit they should make a lot more.


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