Adanac Molybdenum Corporation AUAYF

NEWS

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We’ll entitle this E-mail “THE SALIENT POINTS”. I am absolutely floored by the market action on AUA today. How a press release can go out announcing the contracting of Dr Sinclair and Hatch and the announcement that tenders are now being received for the pre-feasibility work and the stock is trading where it is, would be funny if it wasn’t so ridiculous. It is causing me to wonder if some feel Larry Reaugh is doing all this for the good of his health. News release after news release and hiring after hiring and dollar after dollar being spent, all of which taking Ruby Creek step after step closer to pouring the concrete and the share price would have one think the company was still in exploration! Well here are some of those salient points I promised for your consideration. Placer was taking Ruby Creek to production with moly at $6.00/lb and having a 70% interest and saddled with a 3.5% net smelter royalty in 1981. This without the road access to the deep sea port at Skagway and with no access to power from the Yukon grid. Both key parts of infrastructure Adanac enjoys with a moly price over $30.00, 100% interest and no NSR. Kerr Addison Noranda took Ruby Creek to feasibility with a 60% interest, 3.5% NSR and $6.00/lb moly. If you still like to think in terms of precious metals, let’s revisit an exercise I once did that was very popular and turn the moly resource into an equivalent gold resource. The historical reserve is 200 million lbs, multiplied by the price of moly ($US 33.50), that gives us a dollar value of US$ 6.7 billion, when divided by the price of gold (US$ 426.70) gives Ruby Creek an equivalent gold reserve of 15.7 million ounces. Would you buy a stock at these levels in a company fast tracking to production with everything going for it that Adanac does, including NI 43-101 compliance any day now, sitting on a 15.7 million ounce gold deposit? Ruby Creek is not the only molybdenum property Adanac boasts. In fact with the Pine Nut Molybdenum Deposit; Historical 82 million tons grading .06% Mo. (approx 98.4 million lbs) The Cucomungo Molybdenum Deposit; Historical 30 million tons grading 0.11% MoS 2 (.066% Mo approx 51.4 million lbs). Based upon somewhat conflicting historical data, the Roper Tunnel Deposit contains a possible resource of 9 million tons grading 0.125 to 0.250% MoS 2 (.075 - .150% Mo) (approx 13.5 – 27 million lbs) [(John Prachnau, 1992) Mining Engineer and Geologist] and the B&C Springs Molybdenum Deposit historical 131 million tons grading .120% Mo (approx 314.4 million lbs) Adanac is one of the largest listed pure molybdenum companies in the world when all properties and all holdings are taken into account. In fact the Adanac mission statement is to become the first successful publicly traded primary molybdenum producer in 20 years. See attachment. Larry Reaugh has done it before with 3 of his discoveries having seen production with 1 of those taken there directly by him and Goldrea. To this day leaders in the industry continue to watch his movements with interest and often find themselves placing their feet in tracks already left behind by him. I feel Ruby Creek and Adanac is going to be his crowning achievement. Larry often refers to it “as his retirement”. Although I have my doubts as he is too good and has too much fun. I am not passionate about Adanac for no reason. My belief in Adanac comes from over a year with the company and Larry Reaugh and members of his team and watching each and every step being methodically taken to turning the property into a project and cutting the ribbon on a mine. I have disclosed to you that I am leveraged in the stock. In addition to my options package, I have taken lines of credit from my bank to add another 100,000 plus shares to my holdings. I do this with 100% confidence where the company is going and in the drivers who are taking it there. If you are not serious about Adanac and you are not adding AUA to your portfolio and your clients portfolios every chance you get, then I will respectfully tell you right now you are missing the boat. Either I am completely out to lunch and should just fold my company and go work in a car wash for a living, or I am completely right and AUA is like buying dollars for pennies. I think the latter is true and it is my opinion the near future is going to prove it. What side of the ledger will you find yourself on once it does? Continuing to bring you the best and brightest, Michael Alexander President Accelerated Capital Investments Ltd. Investor Relations Manager Adanac Moly Corp. Phone: [phone] E-mail: [e-mail] Disclaimer: The opinions expressed above are those of Accelerated Capital and Michael Alexander. Michael Alexander is not an IDA accredited analyst nor a licensed broker and as such the above is not intended to be taken as investment advice. It is to be taken as opinion, with an invitation to perform further due diligence to assist you in making a more informed investment decision. Michael Alexander is employed by Adanac Moly Corp. to perform Investor and Public Relations for which a remuneration is received. Michael Alexander also owns the stock personally.