Mosquito Consolidated Gold Mines Limited V.MSQ

I repeat, NOT feasible

[junior_miner]

Fundamental research used Mo price. they got NPV of -441m for 10000 tpd case using 10\lb Mo price.

MSQ scoping study states 1100 m with 7.5 moly oxide price! I rest  my case. MSQ did not fool fundamental research and the report is mighty negative. The funniest thing is they paid for it.

By the way Biobot does not mention that produced (Mo) lbs did not match to moly oxide either. What a surprise. But in all they have some kind of error in total produced pounds.

FRC: "DCF Valuation - Our DCF model showed that the project is not feasible based on our longterm

Mo price assumption of US$10/lb. The following table shows a summary of our

valuation model."

Too bad MSQ investors don't know what DCF means...