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Moly Mines Limited T.MOL



TSX:MOL - Post by User

Bullboard Posts
Post by jawcrusheron Oct 22, 2009 1:22am
758 Views
Post# 16411130

Here's my math

Here's my math500,000 tonnes of Cu. x 2200 lbs / tonne =1.1 billion lbs of Cu.
so, 1.1 billion lbs x 3$ / lb = $3.3 billion   ( based of $3.00 / lb Cu. price )

350'000 tonnes of Mo x 2200 lbs / tonne = 770 mil. lbs of Mo.
so, 770 mil. lbs x 11$ / lb = $8.47 billion    ( based on $11.00 / lb Mo. price )

We have all the funding in place. What could be better. Oh, I know----How about all the Fe. they are going to mine that is funded too.  In 2 years this stock will be way up there. Of course, that is just my opinion.
Jawcrusher
Bullboard Posts