Adanac Molybdenum Corporation AUAYF

Potential Downside

[msawyer5]

Hello all... I'm sure most are disappointed with the SP performance, particularly in light of what appears to be a fine story... My sense (for what it's worth) is that this situation is a fall out from the sub-prime fiasco and not necessarily related to anything management did or did not do... Regardless, AUA needs financing to move the project forward at a time when financing is becoming increasingly more difficult to attract... In light of the situation, I'm trying to wrap my head around how this situation will be resolved. On one hand, management may succeed in arranging financing and everything will be rosy... On the other hand.... Does anyone have a sense on how the future will unfold for AUA and the Ruby Creek mine if acceptable financing is not nailed down within the next few months? I'm not trying to be negative at all... just trying to assess down-side risks associated with averaging down... Your collective thoughts? Best regards Mike