InvestorsHub Logo
Followers 34
Posts 2782
Boards Moderated 1
Alias Born 07/09/2007

Re: None

Friday, 01/15/2010 11:47:40 PM

Friday, January 15, 2010 11:47:40 PM

Post# of 86
Mosquito President & CEO Brain McClay Interviewed
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)
on watch - kiwi