I like Roca in a way. 1 million tons of .94% moly and it's fairly pure. An adit into the ore zone. The only thing they are missing is a mill to process it. The vibrations I get is that they intend to pawn it off to a producer group once they get the interest to a point where it will sell. That sort of takes the thrill out of it for me. But it's a Hera's head sort of ore body. It deserves to be a higher price.
Wildcat has some Moly pretensions too. It will cost us a mega buck or two to prove we have what will support a mill, and our grade is not in the spectacular range, but it will suffice at these prices. A bit cheaper to get into.
There were all kinds of medium size Moly and Tungsten operations around in Canada after the war. They did not survive into the Millenium, as the balance had shifted to open pits in the States, but now that has changed. The pendulum will swing the other way for a while, I believe.
Roxmark on the CNQ (RMKL) has a good Moly body that they are currently on the road to exploiting. It is really high grade and close to surface. Plus they have a mill to work it. They are the most fast track of the Moly plays it would appear.
EC<:-}
