RE: RE: Updatehttps://www.sedar.com/search/search_form_pc_en.htm
Search for Woulfe Mining. I think what you are looking for was released April 7, 2010.
As for the implications, I'm not sure. I don't thinkhaving a processing plant on site was originally planned so it could just mean some of the output will be processed elsewhere.
On another note, the news release states that the historical resource estimate from KORES that had 15 million tonnes at 0.4% MoS2, was not considered in the scoping study. Let me get this straight:
15,000,000 tonnes * 0.4% = 60,000 tonnes MoS2
60,000 tonnes MoS2 * 2,200 pounds/tonne = 132,000,000 pounds MoS2
132,000,000 pounds MoS2 * $17/pound = $2,244,000,000
Am I going crazy, here? Can those with experience in this area critique my calculation please?
Here's a link to the KitcoCasey calculator that spits out the value of the rock in the ground. It's got up to date prices.
https://www.kitco.com/pop_windows/kitcorockcalc.html
It doesn't have molybdenum or tungsten, but you can play around with the inputs to customize your calculation for others (ie. use Nickel * 1.5 to approximate current molybdenum price/lb).
Also, here are up to date Molybdenum prices.
https://www.metal-pages.com/metalprices/molybdenum/
I am not an investment professional. This is not a buy/sell recommendation. I own shares of Woulfe Mining.