Adanac Molybdenum Corporation AUAYF

RE: I'm out... Try TCR.V for X2-X3

[Fundspec]

I will continue to hold AUA because I like Moly and the supply Demand chart for it. I als Love TCR for it has a great price, great deposit of Moly, Low number of shares (aprox. 29 Million Shares after payout and future finances) Its summary is as follows: Torch River Resources (TCR) just acquired a Moly project from Red Bird. If one looks at the value of Moly... aprox. $35/ pound we have a potential of a very serious mining play. Whats nice about this play is its an historical deposit. Previously drilled by 2 reputable companies to show a 81.5 mt resource. No it is not 43-101 complient yet. This amounts to 225 million pounds of moly! If we take the aprox. net value (average)($28-$8(cost to produce) and multiply it out we get $4.5 Billion dollar value minus the capital costs of aprox. 300M$. Thats $4.2 Million Dollars not including the CU. If we divide aprox. 14 million shares we get a book value of $300 /share discount 95% gives us a potential share price of $15/share. Great value Now at only $0.22/ share. Great potential to drill and increase the tonage on this project(X2-X4). Worth a look at Tech report on Sedar. Comments Welcome! FundSpec