this property was 'production ready' from what I understand.  'Theres moly in them dar hills Wilma!' .. and the drilling will get the inferred moved over to indicated...

Havent done too much DD on the 80's but I am sure the $$ of Moly is less than now.  If it was good then, then it is better now ..

and Cannacord did the bought deal .. (like Timminco) trying to get some cash out ..