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
Bayst_profile

Re:There are deposits and there are deposits.Some are more equal than others.

Posted by: nmaycock on May 27, 2008 09:19AM

In response to: Re:There are deposits and t... by Darshan

How did those projects become big world-class projects? Someone with foresight was drilling and developing these deposits before the price took off It's not like these mines all of a sudden were ready to go when the price took off. So what other "sexy" projects over the past 10 years did the company work on instead of Crowrea? What are the state of those "sexy" projects?

Would you be sitting better knowing you had a project proved up over the past 10 years that just needed funding in order to develop and generate cash flow (or to be sold off to a company like Thompson Creek), or praying that this same deposit is proven up without being diluted to death.

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Larry Reaugh
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August 04, 2008

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

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