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Molycor Gold Corp. > Message
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Re: NEWS - Drilling Complete on Near Surface Target on Empress Molybdenum Property

Posted by: hydeye on June 25, 2008 10:25AM

In response to: Re: NEWS - Drilling Complet... by mcadam

You're right, someone on here was so critical about Crowrea/empress. They pointed out that the company was relatively undeveloped considering how long the company has had ownership. My comment would be that the economics of the property and the moly market in general have changed substantially. Take a look at how the price of Mo concentrate has risen over the last 10 years. I would say off hand it's about 6 fold. So you can imagine what that does to the feasibility of the project.



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