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.1% moly is very economical at todays prices, given certain parameters. Lets say HIHO has a historic reserve calc of 25,000,000 tons grading .1%, and using a price of $33 dollars a pound moly, that would equate to
$66/ton X 25,000,000 = $1,650,000,000 . Sure I would like 1%, dont think there are any deposits with an average grade even close to that, that would be unreal.
Sorry, got confused with the previous question.
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