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

To: siempre33 who wrote (2288)	10/19/2006 8:55:43 PM
From: jackjc	Respond to of 3267

Yes, looks like they are doing it again, funding w/o brokers or commissions through insider and friends of the company exercising wts this time. They are not selling the sh at a profit and exer wts cheaper as would be expected. Not selling at all in fact and exercising right at the mkt price getting needed cash for the moly mining by putting in fresh cash and increasing their investment in Roxmark. There seems to be lotta confidence being shown that they can succeed into full moly mining. Need to watch now to see how many follow this example and get more cash to the treas. About 12M more wts due to expire Nov 8. They could just about fund the balance needed for the mine this way.