CYL 6.25% $2.72 catalyst metals limited

am i missing something here. grades are poor

  1. 683 Posts.
    Been looking into this company and have done some research. The grades of molly are very bad. I think you will find that if you look at other molly explorers on the market there is a massive difference between the grades of molly. Take Kings Minerals for example KMN listed on ASX. They have a 40km fault line in Queensland with grades

    329 m @ .31% Mo
    73 m @ .43% Mo
    330 m @ .54% Mo

    Take this into consideration with what CYL which has minute grades at best of

    2 m @ .16% Mo
    2 m @ .13% Mo
    70 m @ .04% Mo

    Take this into consideration with what the world's richest Mo mine, the Henderson Mine in Colorado (Phelps Dodge)

    160Mt @ .35% Mo

    Am I missing somethine here???

    I am only comparing the actual grades nothing more nothing less. I know there is a lot more drilling to be undertaken don't get me wrong but those grade are nothing to get excited about...

 
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