New Brunswick

Advanced tungsten - molybdenum - copper resources.

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Message: Sisson and Adanac's Ruby Creek

Nov 15, 2007 02:00PM
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Nov 17, 2007 08:31AM

Adanac is expecting an early 2009 date for production of the first significany moly producer in the world in over 25 years. They say they are 18 months ahead of their nearest competitor. By my calculations that makes Geodex the nearest competitor, expecting a late 2010 startup.

This means that Geodex and Adanac should be able to control the market by tying up the most lucrative sales contracts ahead of the rest of the pack. Speed is of the essence now.

Creston is at least a year behind Geodex. I'm not sure of Idaho Generals time frame.

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