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Date Posted: 05:18:31 02/19/06 Sun
Author: siempre33
Subject: the next big thing in Moly

Adanac: some comments
Production in 2008?
Still need to raise over $400 million...

Who knows what the price of moly will be come 2008?
Have they done their weekly private placement?
Can you say DILUTION?

What happened the the openly touted Traxys offtake agreement? They investigated and found something they didn't like...

Bottom line is Adanac is all marketing hype... they need the stock price high so they can continue to sell more shares... reminds me of a ponzi scheme...

No thanks, I'll stick with a company that'll be producing in the near future...

I think UNB will be first, then maybe GPXM bulk sample
and Roxmark bulk sample, dunno which comes first...

AUA production would kill the slight supply/demand gap, so it
is very unlikely to see the light of day....

Just look at the figures, 20M lb/yr from AUA or any big open pitter would collapse the price...

And it does not matter if you predict some big demand increase,
it's what the industry itself sees that the banks rely on...

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