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fiffriff

10/11/09 1:30 PM

#37614 RE: PashkaVl #37613

I'd also like to know if and how much molybdenum is being recovered. It's a by-product of copper. At $17/lb that's $1.06 per ounce. I like Glockist's post "Copper King" could eventually turn into "Silver King" heheeh. "Molybdenum King" too. Further recovery from the area could only be done at this point in time with modern equipment and technology and Mark D is the man on time and on the spot. Give the man some room.

From CandyB's post.

The price of molybdenum, which is primarily recovered as a byproduct of copper, has more than doubled to around $17 per pound in recent months, although that figure is still much lower than the high of around $34 per pound reached in 2008.

PashkaVl

10/11/09 3:30 PM

#37616 RE: PashkaVl #37613

And Caesars Report response:

Thanks for submitting your question. One of the questions we've
already prepared concerns the byproducts (gold/silver), which is an important factor for the cash cost per lbs copper.