GREY:AUAYF - Post by User
Comment by
Badger7on Oct 05, 2007 11:46am
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Post# 13528925
RE: Scotia Mo Forecast
RE: Scotia Mo ForecastScotia Mcleod is behind the research and they would never get caught promoting a tiny company like AUA
read between the lines buddy and understand that some or most of the pressure on getting financing in the juniors surrounded by all the naysayers for Moly prices to hold up longer term let alone the subprime meltdown making it even more difficult of A STORY TO BELIEVE
1 major point has been given the boot and that is Moly prices revised upward LONGER TERM - and now I have a report here from "Objective Capital" from June 2007 that most certainly will have to revise upward their target (and yes, they cover AUA) see www.objectivecapital.co.uk
2 the feasibility here is carried out longer term for higher prices makes it easier to combat the financing hurdles small miners have been haunted by with the subprime lending constraints
Scotia says the Moly sector, moreover, may NOT BE SECULAR hereon so, wake up b/c it means pureplay Moly is for real - and that has been an old street argument for NOT BUYING PUREPLAY MOLY co.'s
now they didn't mention AUA b/c they cover larger caps and the answer to that is for same reason Cramer does not co.'s < $250M M/cap