General Moly Inc GMOLQ

GMO may be phony

[canada7]

A look of their annual report below: "Project Feasibility We completed an advanced feasibility study between November 2004 and December 2005 in two phases using industry qualified professional consulting firms who are ore specialists within their particular disciplines. These consultants acted independent of IGMI and in consortium aggregated their portion of the feasibility study including capital and operating costs. We consider these studies as being an advanced feasibility but in certain areas may require additional detailed engineering in order to be considered a “bankable feasibility”. The cost estimates that are included in the Feasibility Study Technical Report are summarized in this section." So: 1) Who are industry professional consulting firms? No names are mentioned anywhere? Why? Are they really professional? Why these reports are not publicly available? 2) Also, even we assume that the reports are properly done, they are not "bankable" as indicated in the annual report. 3) Only "the summary" is available, why? The whole report should be available if it is independent. with 50% price jump recently, and with a possibility of phony feasbility report. Get out before teh door is too tight for every one. If the company reports these reports immediately, the authors are reputable, out view on GMO this point will change. But until then, SELL.