RE: we are in the moly territory for only .20/shI tend to agree - due to supply and demand economics, not all low grade moly deposits in BC can be developed to a mine. CBS has potential to have similar tonnages and grades to the others, but has the huge benefit of superior location, and the advantages that has to limiting the cost of building the mine and ongoing costs of processing the ore. I'm sure that TCM, Sprott, and any major mining company that wants to start an operation in BC will be watching closely to what happens at Lone Pine before making a decision on their next move.
In my opinion, Bard needs to get the drill back to the Alaskite sooner than later and prove up the tonnage there, leaving one drill to look at other zones. Geologist Miller-Tate described a pit that was 500m deep when he was describing the tonnage on the Alaskite. This is telling, as I've never heard of a pit that was deeper than it was wide. Hence I think he believes that the strike is much longer than the currently outlined 200m - every 100m along strike adds another 40million lbs of Mo (at .05%), assuming width and depth of the deposit are constant.
Bubs