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Wednesday, 01/24/2007 3:11:52 PM

Wednesday, January 24, 2007 3:11:52 PM

Post# of 35811
I bought some ROK.v today - my first exposure to Molybdenum - after reading Bobwins' update. Cash flow should be great right away starting in the Spring. The high grade stuff may only last a couple of years, so it's a question of whether they can establish more good grade reserves through drilling, and how efficiently they can turn the lower grade resource into production.

They have started to raise funds with their stock offering, and I'm encouraged to see they are not having to give away the store. They sold stock at 1.40, with warrants at 2.25, a 55% premium to today's price around 1.45.
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