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Adanac Molybdenum Corporation AUAYF



GREY:AUAYF - Post by User

Post by Cash2BuyMoreon Mar 15, 2007 1:11pm
378 Views
Post# 12424316

The most undervalued Moly stock

The most undervalued Moly stockVGM.V Copied from only5k's post from this link: https://www.hotstockmarket.com/forums/showthread.php?t=49275 VGM.V - A Very Undervalued Moly Explorer In Mexico Moly price rises up $5 to $30.5 this week, which is the biggest jump in the last couple of months. All moply stocks, like TTQ, CBS, TJS, AUA, BLE, OTL, etc go up siginificantly. Here is a very undervalued stock, a big moly deposit owner and an emerging moly producer in Mexico, is trading only at 28 cents. The way undervalues JMHO~~ Highlights: • Two complementary MOLYBDENUMAND and COPPER projects in Northern Mexico • Near term production at Los Verdes • Geometry, grade and infrastructure indicate potential low capital and operating costs • Longer term high tonnage potential at Cuatro Hermanos • Market cap does not recognize gross metal values or potential project economics • Recommended and featured on Resource World Magazine, Canadian Business News Magazine, World Mining Stock, Investor's Digest, and Resource Investors web site. • Insider bought 200000 shares recently Share structure • Shares-issued & outstanding -58,346,540 • Fully Diluted -74,448,677 • Average Daily Volume -250,000 • Current Cash-$3,800,000 • Potential funds from dilution-$7,500,000 Flagship property -- Los Verdes The Los Verdes property is a historic molybdenum producer and was extensively drilled in the 1970s. Repetition and expansion of that drilling by Virgin in 2006 has resulted in a 43-101 compliant resource estimate of 28.5 million pounds of contained molybdenum and 105 million pounds of contained copper. Favorable geometry indicates potentially low cost mining. Measured Resources 4,641,000 tonnes 0.129% MO 0.49% Cu 0.088%, Tungston 13,158,000 lb Mo ,50,575,000 lb Cu Indicated Resources 5,861,000 tonnes 0.120% MO 0.43% Cu 0.083%, Tungston 15,480,000 lb Mo, 54,917,000 lb Cu Total Measured & Indicated 10,502,000 tonnes 0.124 % MO 0.46% Cu 0.085%, Tungston 28,638,000 lb Mo, 105,492,000 lb Cu Inferred Resources 1,089,500 tonnes 0.120 % MO 0.16% Cu 0.024%, Tungston 2,880,000 lb Mo, 3,898,000 lb Cu
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