Re: SGX!!!
in response to
by
posted on
Feb 26, 2008 01:32AM
Focused on becoming a near-term Gold Producer
No results but an interesting update out of MNV yeaterday re: Moly Dome.
Most notably "a few initial results have been returned, confirming the presence of porphyry-type molybdenum-copper mineralization and a later phase of gold mineralization of probable Carlin age."
Another interesting point is that MNV-v insiders have been buying on the public market as of late. Low float as well (~26M). Not saying this is due necessarily to Moly Dome as they have a bunch of promising properties. I have been long on MNV for a while now. Very tightly traded.
red911
Moly Dome, molybdenum and gold, Nevada
Mexivada has successfully completed a three-hole, phase 1, HQ core drilling exploration program at Moly Dome. All of the samples have been logged, split and sent to ALS Chemex labs in Elko, Nev., for gold fire assay and four-acid dissolution induction-coupled plasma analysis of molybdenum, rhenium, silver and other trace elements, and a few initial results have been returned, confirming the presence of porphyry-type molybdenum-copper mineralization and a later phase of gold mineralization of probable Carlin age. The core fire assay results will be reported upon receipt, compilation and interpretation of all assays, which are continuing.