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Crucible401

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Crucible401

Re: Jackjc post# 67

Monday, 08/07/2006 2:58:10 PM

Monday, August 07, 2006 2:58:10 PM

Post# of 936
Anyone have any idea of the Moly deposit size they are looking at?

3000 T sample of 1% Moly is only 66,000 lbs. Maybe bring in $1MM if they are very lucky.

Have they had any drills running to try and attempt to prove up an ore body? Or is this whole project being done as blind as it looks?

With current moly prices and fairly high grade surface deposits, you'd think they would have a couple of drills running to try and prove up some sort of tonnage.

I don't get it. Are people expected to "invest" simply based on a hope and a prayer?

Where's the business plan? What's the schedule?



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