Mason , Answer The call
If Adanac can , what's the hold up ? Cyu to be number one ? Take your profits and get out like you did with Clearley Canadian. Let the real peple run the company any make it waht it should be .
Adanac Molybdenum (TSX: T.AUA, Stock Forum) shares surged 11% to 15 cents on Wednesday after the micro cap explorer said it has updated capital and operating costs for its 100% owned Ruby Creek Molybdenum mine project in British Columbia to the end of the third quarter of 2008. The Ruby Creek Project, with a production rate of 23,000 tonnes per day, has an updated capital cost estimate of CDN$647 million and life of mine average annual site operating costs of US$9.75 per pound of molybdenum (Mo), generating a Net Present 
(NPV) at an 8% discount rate of US$110 million and an Internal Rate of Return (IRR) before tax of 12%.
The December 2007 Bankable Feasibility Study had a capital cost estimate of CDN$640 million and life of mine average annual site operating costs of US$7.41 per pound of Mo, generating an NPV (at an 8% discount rate) of US$295 million and an IRR of 18.9%.