RE: CivilityYou want civility, doubt you will find it here unfortunately. Unless you think MSQ is the greatest thing since slice bread, you are going to be beraded.
Now, Blowsmacker here will have you believe everyone who has anything negative to say is a two face liar making up lies and making dumb statements. HE STILL REFUSES TO POINT OUT ANY STATEMENT I HAVE MADE THAT IS A LIE but will continue to say ppl are babbling, making no sense and somehow are jealous of a stock that had a zero percent return over the last 12 months.
On to your questions.
1. Moly looks to be moving upwards from what little commentary I have heard.
2. Copper is expected from almost all analysts to continue to move to higher levels as the bigger mines are hitting lower grades, demand is going to be increasing substantially for the foreseeable future. I havent found a bearish analysis yet (except Blowsmacker)
3. This is where the issues rise with this company, its taking a significant time to build a little road and have the right to drill more holes. If this is hard, what will a permit be like. Also from my understanding open pit mines generate a lot more negative press from environmentalist.
4. Size - This is a huge deposit, it will get made. When and by who is the better question.
5. Management - In my opinion they stink. They should all be fired. Drilled only 10 holes this year, spends too much on bunch of garbage PR companies. Sign a crook from China to be added to the board. Give away another World Class asset for next to nothing (Pine Tree). The Pine Tree is truly embarassing when you look at how much time and money was dedicated and what was proven up before they just handed it over.
The worst part is, we just gave it to the China board members other company. Wreaks of insider manipulation. Plus when you look at whats been done compared to shares that have been issued, I wonder how many shares will be outstanding before the bankable feasibility even starts.
Other major issue is the very high capex. World Class deposit but of all the world class deposits, this is the one I saw with the highest capex.
Higher the capex the more of the asset that has to be forfeited to the JV or the more the dilution. Either way far less of the pie for current shareholders.
OH AND IF ANYONE TELLS YOU $5 BY NEXT CHRISTMAS, DONT BITE, THEY HAVE BEEN SAYING THE SAME LINE FOR MANY YEARS NOW.