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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: E. Charters who wrote (22757)10/15/2006 11:56:52 AM
From: loantech  Read Replies (1) | Respond to of 78418
 
<what do you think?>

I rarely think. <g> I assumed you know the area maybe the exact area the sample is coming from. I did not find the moly or gold grams or ounces per ton from the last sample but hoping the next one is better. Looks like they are working on a scoping study so are they using that to get the $$$$ needed to start mining the gold?

They have the mine there. They have the new plant and some new fancy equipment etc. Seems like they could start next year if they do not need to get any more paper out in advance of starting up that is for sure.

Tom



To: E. Charters who wrote (22757)10/17/2006 10:03:39 AM
From: siempre33  Read Replies (1) | Respond to of 78418
 
Moly jumped up while I was searching out the Zinc shortage....

Roxmark Mines for the Long Term

Roxmark Mines (RMKL in Canada on the CNQ exchange, RMKMF in the U.S.), is a Canadian junior gold and molybdenum mining company with 12 properties in Northern Ontario. Roxmark is probably the closest junior miner to molybdenum production, which should come in the next couple of months, and they should get listed on TSX soon, too. Both events should help it move much higher from the CNQ doldrums it's been in (CNQ is seen by some as the pink sheets of Canada). They also have great prospects for high-grade gold, with some of the richest old gold mines in Canada. Here's a good article about molybdenum that mentions Roxmark: 321gold.com. If Roxmark gets some of the performance that other molybdenum stocks have had in recent months (IGMI has tripled, AUA has quadrupled), the stock should perform very nicely, and their gold properties should help them to tremendous long-term appreciation. If they can reopen some of their six formerly producing gold mines and use new technology to get the gold, Roxmark could be an enormous winner for the long term. The near-term revenue from moly this year will help them fund the development of the old gold mines. We believe Roxmark shares are likely to go much higher over the long run if things go as planned. We like the molybdenum giving them near-term revenue, the TSX listing giving them more investors in coming months, and the huge upside with the gold properties. RMKL just broke out of its base from the last year under .20, and is trading at around .21. If you buy RMKMF, it's probably best to get a quote of RMKL (from a broker or the CNQ exchange directly) in Canadian dollars first and calculate the U.S. dollar amount you want to pay for RMKMF. The Canadian dollar is at about .88 vs. the U.S. dollar. It trades really thin, but that should improve once they get listed on the TSX (Toronto) and go into molybdenum production. It will be much easier for Canadians to trade once it starts trading on the TSX. You can get more info on Roxmark at roxmark.com.
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GreatTrades 2006-04-21T06:10:00-07:00 2006-04-25T12:07:26Z 2006-04-21T16:26:15Z
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