impending announcement, page-4

Yes the biggest killer of faith is waiting.

Waiting for that phone call that never comes from a girlfriend.
Waiting for that friend to pay up on aloan that you gave him.
Waiting for that lotto win that never comes and last but not least waiting for Hanlong to come by with that cheque with US$140 million written on it and a further cheque for US$500 million.
Hopefully this has a much more higher probability of occuring than the first three at this stage.

Anyways while waiting for THAT ANNOUNCEMENT to be confirmed about maybe this time next week or thereabouts some interesting fact(s) about the Pilbara region.

About 100 km south of Moly Mines was a gold strike first recorded at Nullagine Goldfields over 100 years ago.
The grade was relatively high grade and in 2006 some attempts was made to further explore the quartz gold baring mines.
Another good find was about 60 km south of Port Hedland (80Kw west of Moly mines)at a place called Iidee.

Supposedly also alluvial gold is also common in some regions of the Pilbara but obviously A big discovery has eluded many explorer BUT interestingly the GOLD is there.

Mineralisation of many "minor metals" has resulted in many being found there in various parts but yet to be classified as commercial .

BUT of course the Molybdenum appears to be most interestingly UNIQUE find for the Moly Mines tenement at this stage but again the region has perhaps a range of potential future discoveries to come as it is explored and developed in the future.
Anyways Moly Mines maybe holds some more future surprises considering it has COPPER ORE, MOLYBDENUM ORE, IRON ORE , and a sprinkling of silver. A really fabulous tenement if you really think about the minerals there. How much - time will tell but at least enough for now for that US$640 million to be thrown into the area.