Adanac Molybdenum Corporation AUAYF

RE: The financials say it all!

[burrowsj]

I'm not discounting market conditions. I do believe that they have assisted in putting AUA into the abyss. The deal should have been in place when the permitting was announced. this press release "Adanac Molybdenum arranges debt financing" on 10/17/07, should have been a solid deal in place. What can they do now? I see 30 cents and that's not bashing. How would anyone value those 118 million shares with a capex of $450 million? If a deal was done today, when would the mine be producing? Probably not till 2010.