Adanac Molybdenum Corporation AUAYF

RE: FUGURED IT OUT

[xdmmdx3]

Maverick101:
"30 billion dollars? where did you get that number from. I think even if you take all of proven and probable reserves  per 2007 bfs 157,685,000 tonnes at 0.58% Mo gives you 91,457 tonnes which is 201,626,764 lbs times current price 33.85/lb = $7 billion (Thats just revenue). So even though I am heavily invested in AUA I dont think you should be making up numbers like that"

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My guess is stockprobe is making some assumptions based on drill results.  Seeing that there appears to be two new areas of high grade results (adera fault and north wall), and those grades are significantly higher grade than the so called high grade starter pit area, I really don't think his thoughts are so far fetched.  Still he is assuming....who knows there could be more than that!  hehehe  Won't know for a long time though.  AUA does seem cheap to me, even I had to add to my position at these prices (based mostly on the superior management team put in place).

Good luck to all,

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