RE: month end sellingI see very little comparison to AUA.
Aua is 43 101 compliant. They will have open pit mining. They have 353 million pounds of proven MO. @.03 purity. They are procuring mining equipment now and are at the final stage of environmentals. They will be coming to market soon.
Torch moly site is only accessible by air. They do not own the Red Bird site and Red Bird has an option to acquire 25% of the site until 2oo8 end. The inferred moly @.03 cut off is 108 million pounds and not 43 101 compliant.
Moly is not a scarce mineral. There is lots of it. It is a common mineral. There is a shortage NOW. Those who can fill the shortage are the only winners.
If you think Torch can fill the shortage now you are dreaming. Torch in no way even resembles AUA.