Adanac - Die Wette auf Moly - 500 Beiträge pro Seite

[silberbraer]

Der absolute Favorit unter den Moly Aktien!!!


http://www.adanacmoly.com/

To become the first successful publicly traded primary molybdenum producer in 20 years.

New pressures in molybdenum supply and demand have come to the forefront this millennium where usage of the metal is entering a new era. Asia is finally experiencing an industrial revolution that will strain existing resources for the next several decades. Currently the abundance of existing molybdenum deposits will easily fill increasing demand, but are years away from obtaining production. Adanac’s belief is that the first major mining deposit to be brought into production will enjoy the highest prices resulting in rapid payback of investment. Recognizing the moly trend in late 2003 the company implemented its plan to produce their Ruby Creek Molybdenum Deposit by late 2007. Currently the company has an 18 month lead over similar projects.

[luto9]

Globetech Geologists Visit Gladys Lake Property
MONDAY, JANUARY 30, 2006 2:00 PM
- CCNMatthews




AUA
0.67 +0.03





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VANCOUVER, BRITISH COLUMBIA, Jan 30, 2006 (CCNMatthews via COMTEX) -- Further to the news release of March 3, 2005, Globetech (GTVCF) company geologist John Kowalchuk, P.Geol. and independent geologist Robert Pinsent, PhD, P. Geol. visited the Gladys Lake Property located in northwestern British Columbia 50 km north of Atlin, B.C. Dr. Pinsent has completed a technical report for the property to National Instrument 43-101 standards. The property lies 15 km north of the Adanac Molybdenum Property which is presently undergoing environment studies, permitting and pre feasibility studies by Adanac Moly Corp. (CA:AUA) .

The visit confirmed the presence of molybdenite mineralization on the property and demonstrated the excellent quality of the work completed by AMAX in 1970 and 1971. One very nice surprise was the presence of a new road to a placer gold mine which provides excellent access to most of the property.

Dr. Pinsent took several rock and soil samples as due diligence of the former work reported in assessment files. The report recommends a work program consisting of detailed soil sampling, ground geophysics and diamond drilling. A two phase budget is proposed for the work program. The budget is split into two phases. The first phase, which will include surface work to define drill hole locations will cost approximately $50,000. The second phase, comprised of core drilling will cost $125,000.

The Gladys Lake molybdenite deposit lies about 2 to 3 kilometres south of the west end of Gladys Lake approximately 50 kilometres northeast of the town of Atlin, British Columbia. The deposit received extensive work by Amax Explorations Ltd. in 1970 and 1971 when geological and geochemical surveys, trenching and 726 metres of diamond drilling were completed. The drill results were not documented for assessment work. In 1978, Quest Explorations Ltd. logged and assayed some of the recovered drill core.

The property is underlain by a sequence of sediments of the Late Paleozoic Cache Creek Group. These rocks are intruded by small bodies of Late Mesozoic alaskite. The alaskite consists of a ring-dyke complex exposed at higher elevations and a large stock-like body at depth. Roughly centered about the alaskite is a quartz vein stockwork zone lying within a larger zone of weakly to intensely altered rocks. The alaskite complex has an outer diameter ranging from 500 m (1600 feet) to 700 m (2300 feet). The hornfelsed and altered zones are both roughly centered about the alaskite outcrop. The hornfels measures approximately 3500 m (11,500 feet) and 2000 m (6,600 feet) respectively. The wallrock alteration zone lies within the hornfelsed zone and has an elliptical shape with the long axis being approximately 2500 m (8200 feet) and the short axis being 1500 m (5000 feet). The wallrock alteration zone is characterized by pervasive weak to intense degrees of bleaching and silicification with attendant development of sericite occurring along fractures and disseminated along margins of quartz veins.

Quartz veining occurs widespread throughout the alteration zone with sedimentary rocks and alaskite. Veins commonly range from 1/8 in to 3/4 in wide and are relatively continuous and sharp walled. The quartz vein stockwork zone is roughly centered about the alaskite ring dyke complex. Sulphide minerals recognized on the property include pyrite, molybdenite, chalcopyrite and pyrrhotite. Very minor amounts of scheelite and wolframite have been observed Molybdenite occurs as medium grained flakes, books and rosettes along margins of quartz veins within the stockwork zone and in most of the stringer zones. Also fine grained molybdenite occurs along dry fractures within the stockwork zone.

The geochemistry survey completed by AMAX in 1970 produced an anomalous target 1200 m (4000 feet) by 800 m (2700 feet). This soil geochemical anomaly outlines the trace of the main molybdenum mineralization in the quartz stockwork zone.

The Gladys Lake property hosts a molybdenum deposit similar in tenor and size to the Adanac Deposit to the south. The property has an excellent anomalous soil footprint and mineralized surface showings of molybdenite. Limited diamond drilling suggests that the grade of the mineralization is similar to that at Adanac with grades ranging from 0.05 to 0.1% MoS2.

Molybdenum is a metallic element which is most frequently used as an alloying addition in stainless steels. It enhances the strength, hardness, toughness and corrosion resistance of the steel. After more than 20 years of low molybdenum prices, molybdenum has finally come into its own with present prices moving from US$4.00 per pound Mo in 2003 and is currently US$29.75 per pound Mo. Much of this price rise is related to increases in markets and shortage of supply. China, which has a huge shortage of supply, has been the major cause of this meteoric rise in price.

ON BEHALF OF THE BOARD

Casey Forward, President

Forward-Looking Statement

This news release contains discussion of items that may constitute forward-looking statements within the meaning of securities laws that involve risks and uncertainties. Although the company believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurances that its expectations will be achieved. Factors that could cause actual results to differ materially from expectations include the effects of general economic conditions, actions by government authorities, uncertainties associated with contract negotiations, additional financing requirements, market acceptance of the Company`s products and competitive pressures. These factors and others are more fully discussed in Company filings with U.S. securities regulatory authorities.

SOURCE: Globetech Ventures Corp.

Globetech Ventures Corp.
Casey Forward
President
[phone]
www.globetechventures.com


Copyright (C) 2006 CCNMatthews. All rights reserved.

[BSP]

[BSP]

[luto9]

The thing is goldpoint I am not an analyst. An analyst placed a fair market value on Adanac of \$2.50 though and I think he knows a lot more then I do so I would say that would be a good starting point. I have also come across a Canaccord report that called for a \$7.50 share price. Any way I look at this project and share price though I know one thing for sure, it is worth a heck of a lot more then 67 cents and that is good enough for me

[luto9]

Adanac Makes Changes And Adds Further Expertise To Board

Wednesday, February 1st 2006 - Vancouver, British Columbia (MOLY @ 23.50US/lb)




Dr. David Stone is a mining engineer with a career that spans 25 years of consulting to the metal mining industry. His principal expertise is in mining rock mechanics where he has provided designs and operational advice for both open pit and underground operations worldwide. He has also authored a number of pre-feasibility and feasibility studies based on his broad knowledge of current underground mining methods, capital and operating costs, and project development requirements.

Dr. Stone is a licensed Professional Engineer in a number of US and Canadian jurisdictions and is an active member of SIM, SME, NWMA and PDAC. He is the President of MineFill Services, Inc., a mining consultancy based in Seattle, Washington with offices in Vancouver and Toronto. He also sits on a number of other Boards of TSX listed companies.

Mr. Roger Taylor, P.Eng, F.I.M.M., is a mining engineer with 45 years experience having held senior positions in many operations. He has much experience with acquisitions and feasibility studies which were done for various major mining companies.

From 1975 – 1979 he served as Mine Manager of the Granisle Mine and was also President of Zapata Granby Mining Corporation. He served as a Vice President of Cominco Ltd. and was President of their copper division from 1980 – 1985 where he handled the acquisition of Bethlehem Copper Mines Ltd. and Valley Copper Mines Limited, to combine the assets of these companies under Cominco Ltd. He also negotiated the permits and smelter contracts for the initial development of the Highland Valley ore body and handled the expansion of the Bethlehem mill to 25,000 tonnes per day to treat the Highland Valley ore. In 1984 he opened negotiations with Rio Algom for the eventual pooling of all the Highland Valley assets.

Mr. Taylor has also held directorships in TSX listed companies as well as being a Mining Consultant employed on due diligence and evaluation of major mining operations in North America and Africa on behalf of various major mining companies and international banks.

The Board of Directors is pleased to welcome these experts onto the Board. They will provide additional strength needed to facilitate the company’s plans to become a significant molybdenum miner.

Mr. Dan Koyich has stepped down from the Board of Directors and has been appointed as the Company’s Vice-President, Corporate Development and will continue to work to progress the Company’s goals and vision.

The Ruby Creek Project is a proposed open pit molybdenum mine situated 24 kilometers northeast of Atlin, BC, which would operate at 20,000 tonnes per day of ore for 20 plus years and have an overall footprint of approximately 830 hectares. The Company believes that the proposed mine is a sound project that will minimize any long term environmental effects and maximize socio-economic benefits to the local community, Taku River Tlingit First Nation and British Columbia.

[silberbraer]

Ausbruch!!! Juhuuu

[luto9]

[posting]20.011.122 von silberbraer am 02.02.06 14:50:17[/posting]und morgen fällt der $

[silberbraer]

Ausgezeichneter Artikel zu Moly!!

http://www.adanacmoly.com/_admin/articles/docs/Moly_21st_Cen…

[silberbraer]

Mollycoddling Moly
Bob Molyarty (oops, I mean Moriarty)
Archives
March 14, 2005

When I first wrote about moly last summer in Good Golly, Miss Moly, no one was interested in the metal. Why should they be, the price was only up 200% in the last year. But times change. John Kaiser wrote a brilliant report on moly in early January called "Will MolyMania Hit the Juniors in 2005?" It was probably the best piece of research I`ve ever seen in the mining business. But again, why should anyone be interested? Moly was only a double since my piece four months earlier. I think the last primary moly mine opened was the Henderson mine; opened in 1976. For most of the period since, molybdenum has been the worst metal to invest in.

Dave Forest of Casey Research did an article discounting the future of moly earlier this month called Molybdenum`s Perfect Storm. I suspect that if he could eat his words, he would.

I suspect John Kaiser has a far better understanding of the market than does Dave Forest. Forest suggests that a six million pound drop in supply from China has somehow driven the price of moly up 600%. I doubt it. The moly market is tight but hardly that tight. According to Forest, moly was actually in surplus in the second half of 2004. Well, after touching $34.50-$37 in January, moly made a perfectly normal correction to $26.20 in February, taking the shares in all the moly juniors into the tank with it before rocketing higher lately. In the last week moly shot from $29.50 to $35.50.

Einfaches Einfügen von wallstreetONLINE Charts: So funktionierts.

[silberbraer]

mehr interessante Infos:


MOLY" THE NEXT SECTOR TO ROCK!
By Mike Hoy
September 26, 2005
For those of you who haven’t noticed; it appears that the price of Molybdenum (moly) is on the move
and the funny thing is, it is moving in the opposite direction of what most of the analysts and
newsletter writers have predicted. HOW CAN THAT BE? How can they be wrong about a base metal that
has skyrocketed in price by more than 12 X in the last 3 years? Funny thing about this is the fact that
it is not really their fault that they have been on the wrong side of the price movement with their
predictions.
Moly is one of the most unknown and mis-understood base metals in the world today. This metal is
unquestionably the metal of the 21st century. Not only is it the metal of the 21st century but very few
individuals, investors, newsletter writers and even companies that produce moly have a clue to the
importance that moly will play in shaping the rest of our lives and the lives of generations to come.
The best part about this is the fact that we, as consumers, are going to be the big winners. Not only
will the consumer be a huge winner but countries such as the US and China can now look at each other
as partners in the development of crucial technology and power plants that will easily solve the world’s
energy problems and needs rather than fierce competitors for the worlds dwindling supplies of natural
resources.
Think about it for a second! What better way to cool the world’s frayed nerves than to come up with
a solution to the world’s energy crisis! Think of the possibility of buying gasoline at $1.50-$2.00/gallon
again. Believe it or not there is a solution to the world’s energy crisis and the technology has been
around for decades! In fact this technology is now in the process of becoming a reality.
China and South Africa are working together to develop and build power plants that will liquify coal
in a process that makes their vast reserves of coal economical and the finished product is burned
pollution free. Think of what this means! Both the US and China can tell the oil producing nations, of
the world, to go take a “high flying leap off their tallest oil rig.” For the first time in years I have
positive feelings about the future and I can see a way for the US to solve many of its pressing problems.
Think of automobiles and power plants burning fuel that is virtually pollution free for a lot less than
we pay for the same energy today! This technology will not only solve our energy crisis but it will also
do wonders in solving the world’s air pollution crisis and the threat of global warming.
I hope you are getting as excited as I am because from my standpoint I have searched for a very long
time to find anything to be positive about in the world today. Not only does this give me something to
cheer about but the timing cannot be better.
Now you have got to be asking yourself “how does moly fit in to this?” The answer to that is very simple
but yet it has been kept a “BIG SECRET!” Very few people know or understand the fact that MOLY is
the catalyst to clean the impurities out of the vast quantities of coal and stranded natural gas that
exists in the world today. With moly as the catalyst there is very little doubt about the fact that the
demand for moly can do anything but increase significantly over the years to come.
Very few newsletter writers, analysts or even producing moly companies understand the fact that the
world of the 21st century cannot exist, in the manner that it will, without a much larger supply of moly
than is available in the market today..
Without this knowledge there is no way that many of these very intelligent people could come to the
conclusion that the price of moly could do anything but fall in price. That would be a logical and
practical opinion to form.
For months newsletter writers and analysts have said that moly prices would fall below $15/lb. after
peaking above $39/lb. For months end users of moly have waited for the pullback in price. Most of
these end users felt that moly had no-where to go in price but down. As a result of this thinking these
end users kept their inventories of moly at very low levels. They waited and hoped that the price of
moly would fall. Moly did have a pullback; all the way to the meager level of $29/lb.
The funny thing about moly is the fact that moly, as a commodity, is not traded as a commodity on any
of the publicly traded commodity exchanges. The important point to this is the fact that moly then has
to trade on the basis of pure supply and demand. Pure supply and demand eliminates all the games and
manipulation that is created by speculators, hedge funds and those who attempt to manipulate
markets to their advantage.
Moly prices are now rising because the end users can wait no longer for the price to fall. The end users
must buy to replenish inventories that do not exist and this, coupled with thin supplies, is the real
reason why the price of moly is now rising. It has nothing to do with roasters or any other garbage that
certain people and companies want you to believe. These naysayers have their own best interest at
heart and they may be the ones who truly know what is going on behind the scene and doing everything
they can to keep moly a big secret while they take full advantage to position themselves for the future.
Ken Reser just posted a magnificent article called “THE BIG SECRET!” I love this guy as I have learned
so much from him in the short time that I have had the privilege of knowing and working with him. Ken
is one of these guys who spends an incredible amount of time in the pursuit of knowledge and the
truth. Ken is the first individual; I know of, to post an article revealing the importance that moly plays
in the development of this new technology that literally is the “SAVIOR OF THE WORLD!”
Now that the truth is coming out; all these people, who have felt that moly prices would pull back,
now have a perfectly good reason to alter their opinions! I believe we will read lots of articles, in the
near future, from analysts and newsletter writers who have “flip-flopped” with their opinion on the
future direction in the price of moly. Even Jim Cramer on “romper room” or excuse me I mean CNBC
was talking about the positive future of the base metals and moly as one base metal in particular. In
other words the rest of the investing world is beginning to stand up and take notice.
LOOK OUT WORLD BECAUSE HERE COMES MOLY AND THE MOLY STOCKS! I feel that moly, as a sector
will outperform and give returns better than the oil and uranium sectors. After all why mess with
uranium and the consequences of the liabilities and cleaning the messes it leaves behind when you can
burn pollution-free coal and stranded natural gas FOR A LOT LESS THAN IT COSTS TODAY TO FILL OUR
CARS AND HEAT OUR HOMES.
With the vast quantities of coal and stranded natural gas that exists in the world today the US and the
rest of the world can become completely independent in the development and supplies OF THEIR OWN
NATURAL RESOURCES FOR CENTURIES TO COME. Wouldn’t this be an absolutely wonderful feeling and
position to be in for the rest of our lives and the lives of generations to come? Wouldn’t it be great to
leave our children and grandchildren something to be proud of? Isn’t it about time for the people of
the world to stand up and demand that attention and vast amounts of capital be spent on the
development of this absolutely necessary and timely power and technology!
For those of you who believe that a recession or depression is eminent, after the hyperinflation, and
the resulting slowdown will change the demand for moly; I ask you to think about this. What will the
government do when the economy comes to a standstill?
I believe that our government will do exactly what they did in the depression of the 30’s; except this
time the money will be spent to completely realign our energy industry. I believe they will create vast
quantities of jobs that will put the people back to work. I also believe these jobs will be of the same
nature that existed in the 30’s when The Hoover Dam was built. I believe power plants across the
country will be built and these power plants will run on coal and stranded natural gas using vast
quantities of moly as a catalyst to clean the impurities.
In other words I believe a slowdown in the US could create a greater demand for moly as a result of
the money being spent in a manner that puts people back to work and at the same time solves our
great countries energy and pollution needs with all the problems that go with it! This would take
negative, short term, economic times and transfer that pain into long term growth and gain for future
generations to come.
Yeah I’m pumped and for the first time in a very long time I’m very optimistic that we can now turn
the corner and bring this country back to the status it once held. I believe this will be a very long and
slow process but at least it is a start and I have absolutely no problem sharing that seat with developing
countries like China. THERE IS LIGHT AT THE END OF THE TUNNEL! You know; I’m beginning to feel
good; I only hope our elected officials get the point real quick.
For those of you who are not on my free e-mail list click on the e-mail link below. If you would like a
phone call include your phone number and I hope to be able to reach you in the future. For those who
would like specific ideas feel free to call me at the number below.
402-483-4484
[e-mail]
Mike

[luto9]

ADANAC MOLY CORP.; AUA.V ANCGF IN THE US MARKETS
I am equally as excited about AUA as I am GOR. I sit back in my chair and get a real charge out of competing moly companies and the success that their public relation programs and investors are achieving right now. I tip my hat to them as I just love what their apparent success means. Before I explain what I mean buy this last statement I think it is necessary to bring each of you up to date on the successful progress that is being made by Larry and his team.

1)The full feasibility is in the process of being completed. This feasibility study is being completed by the world’s most reputable companies, in their respective areas of expertise. This feasibility will give each and every entity a complete picture of the plans and cost associated with putting Ruby Creek into production. Larry Reaugh is totally committed to bringing production to Ruby Creek and this feasibility study has been performed to give each party interested in working with AUA a complete picture of what needs to be done and the costs associated with getting the job done. The full study should be complete at any given point in time and hopefully available to all in the month of February.

2)The permitting process is underway and moving ahead smoothly; or at least as smoothly as can be in the permitting process. The beautiful thing about Ruby Creek is the fact that this project has been fully permitted in the past. Placer fully permitted this project in 1980 with the full intention of going into production, before moly prices fell. Placer chose to exit the base metals business which is how AUA was able to acquire 100% of everything. Knock on wood and keep your fingers crossed because if all continues to go as planned we should be fully permitted by mid-year. Regardless of when the permits arrive this project appears to be wanted by all. Excellent work Larry, Mike, Ed, John, Frank and everyone else.

I believe these two points separate the men from the boys. AUA is miles ahead of its competition in putting Ruby Creek into production. We all know that the planned production will be 20,000t/day of ore processed with a yield of 35,000-40,000 lbs of pure moly per day at of cost of what should be less than $5/lb. The full feasibility will outline the specifics and even then the numbers will probably be very conservative.

The point of all this is the fact that all the steps necessary to achieve production are happening right now, and in the final stages at AUA. None of these other companies have even begun to enter the same stage of development that AUA is about to exit. In other words they are still “a gleam in their daddy’s eye.” They all talk but until they have performed the same tasks that AUA is about to complete they are only speculating on what they think Once they have spent the money and completed the necessary steps that AUA has completed; only then will they be able to compare themselves to AUA. This is what being first is all about!

Why would an investor or a major source of financing look beyond AUA when the internal rates of return more than justifies being involved in AUA and Ruby Creek? Why would an investor or a major source of financing consider another company when they have not spent the money to back up many of the claims they are making? As for me, I want to be associated with the first to go into production. After all, who remembers second and third place?

Some of the stories I hear and read are very enticing. They sound like very good investments. The market has opened their pocket books and multiplied the value of some of these stocks. I think this is really neat as I know this is telling me what will happen to AUA when the street fully understands the truth about the moly market and the stocks that really are going to surface as being real.

With AUA finishing their full feasibility and well into the permitting process there can be no mistake as to who is serious about going into production. The production costs and capital expenditures that are being thrown about by other companies mean absolutely nothing if they are not backed up by a reputable firm willing to stake their reputation on the findings.

Another very important point to address deals with the potential investors looking to come up with the capital to put Ruby Creek into production. The list of potential suitors continues to grow. I really don’t have any specifics to release at this time as the potential suitors and Larry are just getting to the point of sitting down and getting serious. Before any real serious negotiations can commence these investors must have a feasibility study to determine their true level of interest. The fact that there exists as much interest as there is speaks very highly for the project. Make no mistake about it; this project is real and there is plenty of interest behind the scenes.

I am also glad that the offtake agreement with Traxys expired. I have a feeling that when the final chapter is written on the financing of Ruby Creek there will be some real surprised people out there.

This brings me to the inevitable point of asking myself the one obvious question; WITH SO MUCH RIGHT GOING ON THEN HOW COME THE PRICE OF THE STOCK IS NOT REFLECTING THE ACCOMPLISHMENTS OF MANAGEMENT? What a great question! I wish I had an equally great answer. There are many serious investors, funds, analysts and potential suitors who are fully aware of the progress being made by AUA. Many of these people have already sat down with Larry and are there in the wings waiting to strike. Why they have not stepped in to accumulate positions is beyond me. I would very much like to know what they are thinking and what they are waiting for. The volume in the stock is telling me that someone is accumulating shares on a regular basis. The fact that the stock has begun to climb and volume is increasing is telling me loud and clear that the days of watching, looking and waiting are coming to an end. I also believe many are waiting for the full feasibility to be completed. If this is the case then the next couple of months could be real interesting as the results become public.

The main reason I see for AUA being the laggard that it has been, when they are clearly the front runner everywhere else, lies in the fact that the corporate interest is focused on getting into production versus promoting the stock. I guess that Larry has better things to do, such as putting two companies into production, rather than concentrating on promoting the price of his stock.

When you fully examine the opportunity created by this lack of interest I have to recognize the opportunity created on the other side of the equation. The only way to take full advantage of this is to add to positions as opportunities avail. Like GOR, I believe a year from now we will look back and wonder why we let opportunities like AUA and GOR slip through our fingers without making an appropriate investment dictated by the development of the companies.

There is no way that anyone will convince me that the stock price appreciation enjoyed by Augusta, Idaho General and Blue Pearl is not eventually going to flow into Adanac Moly Corp. Not only will it flow into AUA but make no mistake that the day will come when the true investment capital will understand who the true “undiscovered and undervalued company” is when it comes to the moly industry. There is no way that AUA will continue to be overlooked.

The real easy way to understand this point is to ask yourself several questions about the work status of the projects in the other companies.

1)Do any of these companies have a full feasibility report completed by reputable third parties?

2)Are any of these companies in the process of doing a full feasibility report by reputable third parties?

3)Are any of these companies in the permitting stage? Have any of these companies applied for any permits?

4)Are any investors or major companies in contact with any of these companies looking to finance their projects?

I think you will find that none of these companies have made much progress along these lines. If my thinking here is correct then I think a switch into AUA could be a very timely trade.

Clearly, AUA is the undisputed leader in bringing their moly project to production. AUA also has several other projects that offer great promise; I would talk about them except for the fact that that would put me in the same category as everyone else talking about their “wanna be” projects.

When push comes to shove, I believe the project that comes into production first is the project that the serious money is going to get heavily involved with. I believe that one day investors are going to recognize this same point and there will be a rush to take profits from the companies that are talking about being in production one day; to invest in the company that is going to be the first to take moly out of the ground.

This brings me to my last point that I want to make about AUA.

I am real surprised that sophisticated investors, mutual funds, pension plans and corporate investment funds have not started accumulating positions of size in AUA. I would think that the advanced stage project of Ruby Creek would easily warrant an investment of size in AUA. When I think of a mine that will produce 35,000-40,000 lbs/day of moly at a cost of less than $5.00/lb. I have to wonder why they haven’t stepped up to get a piece of the stock in the open market.

This project will require a capital expenditure of roughly $350,000,000-$400,000,000 to put into production and at this point in time there is no shortage of interest from outside companies looking to finance this mine. Eventually someone is going to come to an agreement with Larry after they have seen the full feasibility report. The point I am trying to make is that the total market cap. of AUA is roughly $50,000,000.

Now compare a capital investment of $350,000,000-$400,000,000 for a piece of the pie to owning the whole pie with a market cap. of $50,000,000. As you can see the only thing about AUA that is out of line is the value of their stock. This is not a problem but a terrific opportunity for those who recognize the potential. Just think for a moment; 10% of this company is worth about $5,000,000 at today’s market prices. What would be a better investment than owning 10% of a company that is going to produce 35,000-40,000/lbs./day of pure low cost moly?

AUA will produce roughly 12,000,000 lbs. of moly/year; if one just considers conservative margins of $10-$15/lb. you are talking a net of $120,000,000-$180,000,000/year. All this in a company with a market cap. of only $50,000,000.

This is what mining is all about! Yes there are billions of dollars worth of reserves in the ground and billions more to be found as additional drilling is completed down the road; after all the resource has not been completely drilled out.

[BSP]

[luto9]

[posting]20.035.420 von BSP am 03.02.06 20:53:08[/posting]

[froopy]

es gab vor einer woche wieder neuigkeiten - die letztlich den kurs wieder in bewegung gebracht haben. in deutschland scheint adanac immer noch unbekannt zu sein - was mich in keiner weise stoert. es ist kaum umsatz zu verzeichnen - wenn jedoch jemand erfolgreich gekauft hat sieht man wie wenig im ASK ist, denn meist ist das naechste ask 5-10% hoeher! sobald die wirtschaftlichkeitsstudie durch ist, mit einem positiven fazit - dann werden auch in frankfurt die umsaetze steigen...jedoch werde ich meine aktien behalten, denn in adanac steckt potential das man nicht haeufig findet!


und hier die news von www.adanacmoly.com:

Golder Completes Ruby Creek Updated Resource Estimates

Thursday, February 16th 2006 - Vancouver, British Columbia (MOLY @ 25.00US/lb)



Adanac Moly Corp. (AUA: TSX.V, Pink Sheets: ANCGF, Frank: A9N), is pleased to announce it has received the updated Technical Report which details the Ruby Creek Mineral Resource Estimates from Golder Associates Ltd., in accordance with requirements described in National Instrument 43-101 Standards of Disclosure for Mineral Projects. The tonnages and grade below are from Golder 2006:




The Technical Report has been prepared in compliance with form NI 43-101F and is the revised estimate of the Ruby Creek mineral resource developed to include data from the 2005 drilling program in addition to the earlier drill hole information reported in AMEC’s Technical Report dated May 10, 2005. The January 2006 Mineral Resource Estimate has increased the tonnage in the measured and indicated resource categories from the previous estimates by AMEC (May 2005). These differences, in lbs contained molybdenum, (6% to 10%) provide confirmation of the previous estimate.

The positive increases in tonnages and contained lbs Molybdenum in the measured and indicated categories are attributed to the 2005 drilling programme which increased the confidence in the resource and increased tonnage at depth. These increases in contained pounds molybdenum occur mostly in the measured category and is attributed to the results of the 2005 drilling programme. The overall increases (measured & indicated categories) at cut offs 0.04 and 0.05 are shown below:




The 2005 drilling campaign included an extensive programme of quality assurance and control. The sampling and assaying control was rigorous to ensure accuracy and precision, freedom from contamination and maximum control. GOLDER transferred the 2004 and earlier drill hole and sampling database into Datamine® and added information from the 2005 drilling program. All drill hole information was validated through a checking program which re-measured 5% of the database. These updated data have been developed by Mr. Paul Palmer P.Geo., P.Eng. who visited the project site August 24th, & 25th, 2005: he is an independent consultant and Qualified Person pursuant to National Instrument 43-101.

The Ruby Creek Project is a proposed open pit molybdenum mine situated 24 kilometers northeast of Atlin, BC, which would operate at 20,000 tonnes per day of ore for 20 plus years and have an overall footprint of approximately 830 hectares. The Company believes that the proposed mine is a sound project that will minimize any long term environmental effects and maximize socio-economic benefits to the local community, Taku River Tlingit First Nation and British Columbia.

The SGS-MinnovEX (formerly MinnovEX Technologies Inc.) and Golder Associates Ltd. reports are part of the final feasibility report expected at months end. This press release was prepared by John W. Fisher, C.Eng., P.Eng., a Qualified Person pursuant to National Instrument 43-101.

On Behalf of Management

ADANAC MOLY CORP.

Larry W. Reaugh,
President and Chief Executive Officer



The TSX-Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. This news release may contain certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company`s expectations are disclosed in the Company`s documents filed from time to time with the Toronto Venture Exchange, the British Columbia Securities Commission and the US Securities and Exchange Commission.