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

To: Night Trader who wrote (3033)	9/6/2007 8:04:10 AM
From: james flannigan	Read Replies (1) \| Respond to of 3267

Martin, you may want to keep an eye on a zinc play moly target company that Rick Rule has taken a large PP in, Lithic resources (LTH) LTH has a historic resource of 1.5 billion lbs of high grade zinc grading 8%, that they are drilling to a 43-101 by late fall. The company has old drill data that suggests a large moly deposit below the Crypto zinc ore.As we speak they have done a 2100 ft deep hole to target the moly(its in the lab). I spoke to management this week and was told that a second deep hole is well under way in the current 10,000 mtr program.By the end of this month we will know if Lithic and its moly target is real.If so we may be able to talk about it moly prospect on this board as well as the zinc board. James

To: Night Trader who wrote (3033)	9/6/2007 10:48:31 AM
From: james flannigan	Respond to of 3267

Lithic Resources Ltd (C-LTH) - In the News Kaiser says hold Lithic for "the Crypto Game!" 2007-07-31 20:44 ET - In the News Shares issued 31,527,519 LTH Close 2007-07-30 C$ 0.60 FOR YOUR READING MARTIN> JAMES John Kaiser, writing in a July 13, 2007, Tracker, says hold Lithic Resources Ltd. (67 cents), officially a "Spec Cycle 100% Hold." Mr. Kaiser said buy in November, 2003, at 18 cents and in October, 2006, at 28 cents. An investment of $1,000 each time is worth a most pleasing $5,932. July finds Mr. Kaiser in an upbeat mood, at least when talking about Lithic. "The Crypto Game is finally on!" enthuses the normally reserved letter writer. He refers to the start of a 10,000-metre drilling program on the Crypto zinc project in Utah. Patient bottom-fishers, he says, will soon enjoy significant rewards, and aggressive "spec value hunters" stand to make quick profits as the market starts to appreciate the Crypto's potential. For those not long, Mr. Kaiser says buy, in his words, a "Good Absolute Spec Value Hunter Buy." He argues Cyrpto's $28-million implied value has the potential to be worth $500-million. Exploratory drilling, he says, not only targets satellite high-grade zinc deposits, but targets a deep high-grade Henderson-style molybdenum system. Also, there is near-surface very high-grade silver-lead-zinc mineralization. He calls Lithic one of the best bargains among the speculative resource juniors