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Mosquito Consolidated Gold Mines Limited V.MSQ



TSXV:MSQ - Post by User

Comment by junior_mineron May 07, 2010 1:37pm
129 Views
Post# 17074996

Biobot does not get it...

Biobot does not get it...
What a surprise! Pathological liar.
Let's make this absolutely sure for even the dumbest investors here.
Biobot says: 8,555 000 pound produced were moly oxide, containing 5,700 000 pounds of Molybdenum.
Biobot says: $14.5/lb was for moly oxide and Molybdenum price would be $21.75/lb
TCM sold: 5,048 + 1,687 + 1,820 = 8,555
This is pounds of molybdenum. Otherwise the quoted grade below would be for moly oxide. (Even MSQ does not tell their grades in moly oxide since that is not the substance in ground)
The only reason TCM mentions moly oxide is that this is the end product sold. However, it is priced by it's contained Molybdenum. (Biobot's only arguments are fragments of text containing word "oxide")
I can't help people who cannot multiply or add number. (So biobot, you are on your own)
From TCM financials:
Operational Statistics
Mined (000’s ore tons) 2,476
Milled (000’s tons) 2,461
Grade (% molybdenum) 0.144
Recovery (%) 90.5
Molybdenum production (000’s lb) (2) 6,298
Cash cost ($/lb produced) (3) $ 4.74
Molybdenum sold (000’s lb) 5,048
Average realized price ($/lb) $ 14.54 
Endako
Operational Statistics
Mined (000’s ore tons) 2,325
Milled (000’s tons) 2,113
Grade (% molybdenum) 0.061
Recovery (%) 76.9
Molybdenum production (000’s lb) (2) 1,971
Cash cost ($/lb produced) (3) $ 7.26
Molybdenum sold (000’s lb) 1,687
Average realized price ($/lb)
Operational Statistics
Molybdenum sold from purchased product (000’s lb) 1,820 
Realized price on molybdenum sold from purchased product ($/lb) $ 14.78 
Toll roasted, purchased and upgraded molybdenum processed (000’s lb) 1,192
 Roasted metal products processed (000’s lb) 3,658
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