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Re: Bobwins post# 5418

Friday, 10/12/2007 12:38:43 PM

Friday, October 12, 2007 12:38:43 PM

Post# of 35736
Miss Moly is right, what about Tenajon +17%! Up .13 to .86 and has been perculating for several days.

Have you done DD on TJS.V Bob?

This what I have:
- 448.78 MT of 0.063% Molybdenum Inferred Resource, that is 623.4 million pounds Molybdenum
- 38.8 MT of 0.064% Molybdenum Indicated Resource, that is 56.4 million pounds Molybdenum
So total (indicated+inferred) resource is 679.8 million pounds.

TJS's resource is higher than BLE's Endako deposit and OTL's SangDong property though the grade is a little bit lower.

Has a joint venture property with Mountain Boy Minerals (MOA.V) and Pinnacle Mines.

Ajax is one of the largest undeveloped molybdenum deposits in North America and the deposit remains open laterally and at depth. Only 2 pure Molybdenum companies has more pounds in the ground: BLE and GMO.

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