With the Chinese economy continuing to boom and some very supportive(cashed up)long-term major holders providing capital these are some of the things we can look forward to:
- Sept/Oct...Upgraded resource expected to at least double the current 80Mt of Mo. With potential to eventually triple with a target of 250Mt+
- Remaining drill results from current drilling program as well as two deep diamond results testing the high grade part of the deposit which is open at length and at depth
- Surrounding exploration of tenemants chasing more molybdenum, gold, copper and platinum.
- A scoping study is due to commence with the hope of a definitive feasability study on a molybdenum mining operation and processing plant for "EARLY 2011"
Exciting times.
45 million shares most likely to be issued within the next 3 months after board approval which provides further liquidity and no doubt more investors/traders.
hidden gem
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