Brent Cook
Tosca Resources
TSQ-CN
WATCH
Mar 07, 2012
Interesting. Moly deposit with Copper on top of it in Texas. Grade is marginal, but doable. Geometry is such that a higher-grade portion could be mined. He is going to look at it a bit more in the future.
A bunch of Moly/copper projects that are feasibility waiting for financing, which have all got a billion-dollar price tag in terms of CapX to get them into production. This one can move their project forward at about one third the cost. At $15 moly, huge project and a low CapX, it is going to make money and will move forward. Located in Texas.