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Ann: Resource upgrading is underway at Anthony Molybdenum Deposit, page-2

  1. 424 Posts.
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    I am intrigued how this will unfold. My initial perspective over the last several months was that demand / pricing would improve with moly (via increased demand for iron ore / inc various other sources). I know a lot of of by product mines, recycling also add to supply but this could be very interesting if the three high grade sources (easy ground access) could be initially mined economically. A possibility !

    On another note, would of thought that we would have been further progressed on our gold exploration (I previously thought that we might have had a initial JORC resource by now - assumption gone wrong!). Still hoping the next bout of drilling hits some necessary & new targets with success with a view to near term gold production (future funds to source our exploration / expansion). Looks like a patient waiting game at the moment & maybe at this market cap is a high risk vs reward possibility in the near future ? If there is way, I believe Roger can forge the path ahead !
 
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