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Friday, January 15, 2010 11:47:40 PM
Dow Jones Newswires January 15, 2010
http://www.mininginteractive.com/investment-newsletter/mosq/mosq_20100115_dow_jones_news.pdf
Mosquito Company Overview:
http://www.mininginteractive.com/company-focus/mosq/mosq-at-a-glance.pdf
Corporate Presentation (2.7mb)
http://mininginteractive.com/investment-newsletter/mosq/mosq_corporate_presentation.pdf
Brian McClay, Mosquito President & CEO
-"With CUMO, it is or goal to have the lowest cost, large-scale producing molybdenum mine in between a five and six year time frame.
- We expect to mine to produce at a rate of about 120,000 tons per day of ore containing molybdenum, copper, tungsten and silver, which are also found in the deposit.
- We are aiming to produce molybdenum at about $3/1b, and if we anticipate $15/1b molybdenum (prices), that is clearly economic.
- We will be the lowest cost producer, primarily because of the size of the deposit and consequent economy of scale. "
Note: The above info was copied from mining interactive promo 1/15/10 http://www.mininginteractive.com/
Mosquito Consolidated Gold Mines Limited (MQCMF)
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