GOLD in Eureka & Carlin trends Nevada; MOLYBDENUM in British Columbia
High-grade Magnesium and Manganese discoveries on Tami-Mosi Nevada, while CrowRea Molybdenum development continues
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Molycor Gold Corp. > Message
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Molycor hanging in!

Posted by: nmaycock on July 11, 2007 11:15AM

In response to: Molycor hanging in! by Jackson2

Well moly wasn't strong in the 90's but they went out and got the Crowrea property and then drilled it for 2 years, then put it on ice for 8 years.  The moly price when they started drilling was 3-6 dollars.  So they spent the company money then to pursue drilling with those low commodity prices.  What was their rationale to shareholders then?  I guess the question to ask is at what price back in 1996-97 did they think the project was economical at for them to spend the time drilling the deposit.
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Larry Reaugh provides outlook on recent acquisition of 400K acre coal property
August 04, 2008

Larry Reaugh provides outlook on recent acquisition of 400K acre coal property

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