CRESTON MOLY CORP. = Neue Molybdän-Perle
The Measured and Indicated Resource represents a 34.2 % increase in contained lbs molybdenum and a 76.6 % increase in contained lbs copper when compared to the Proven and Probable Reserve in the 2009 Pre- Feasibility.
18 October 2010
With positive market fundamentals for molybdenum pricing, we believe the El Creston project development is timely. We are initiating coverage of Creston Moly with a Speculative Buy recommendation and a target price of $0.75 based on a 1.0X multiple to our $0.75 NAV.
http://www.easy-share.com/1912681250/...digm_initiating_report[1].pdf
http://de.advfn.com/...cchart&s=tx^cms&p=0&t=19&vol=1
CRESTON ACQUIRES SURFACE RIGHTS
http://www.crestonmoly.com/s/...Title=CRESTON-ACQUIRES-SURFACE-RIGHTS
Shanghai. October 29. INTERFAX-CHINA
China's Ministry of Land and Resources (MLR) plans to accord molybdenum a protected mining status and impose quotas on its production in 2011, the state-owned China Securities Journal reported Oct. 29.
...
http://www.interfax.cn/news/15552
By: Liezel Hill
26th October 2010
TORONTO (miningweekly.com) - TSX Venture Exchange-listed Creston Moly Corp has increased the measured and indicated molybdenum resource at its flagship project in Sonora, Mexico, by 34% and the copper resource in the same categories by 77%, the company announced on Tuesday.
The new resource estimate is an update from a 2009 prefeasibility study on the El Creston project, and is constrained by a conceptual optimised pit for the project.
The measured and indicated resources at El Creston are now estimated at 215,4-million tons, averaging 0,071 % molybdenum and 0,059 % copper, to contain 335,5-million pounds of molybdenum and 280,5-million pounds of copper.
The stripping ratio has also been recalculated to 0,94:1, compared with a previous estimate of 1,23:1, in the 2009 prefeasibility study.
"With the increase in resources, and a significant reduction in the strip ratio using lower molybdenum and copper prices than were used in the previous prefeasibility study, we are confident that we can significantly increase the asset value of this project going forward," Creston CEO Bruce McLeod said.
The company has started working on a new preliminary economic assessment, which should be ready by December, and is developing a new openpit mining plan.
"Indications are that the increased resource within the conceptual optimised pit will support increasing the processing plant throughput from the 40 000 t/d (used in the prefeasibility study) to 50 000 t/d," McLeod said.
Metallurgical test work and plant re-design is also well advanced for completion of a feasibility study, and the study should be completed by mid-2011, McLeod said.
Creston acquired Tenajon Resources, which was exploring for molybdenum on properties in Newfoundland and British Columbia, in September last year.
Edited by: Liezel Hill
http://miningweekly.com/article/...urces-at-mexico-project-2010-10-26
01.11.2010 12:33
BRIEF-RESEARCH ALERT- Versant raises Creston Moly Corp price target to C$0.70 from C$0.55
http://www.finanznachrichten.de/...-creston-moly-price-target-020.htm
Nov 01/10 Oct 29/10 McCLEERY, John Barry Direct Ownership Common Shares 10 - Disposition in the public market -100,000
Nov 01/10 Oct 29/10 Godfrey, Richard Direct Ownership Common Shares 10 - Disposition in the public market -50,000 $0.461
http://canadianinsider.com/coReport/allTransactions.php?ticker=cms
http://www.marketwire.com/press-release-canada/...URE-CMS-1346959.htm
Creston Moly Corp. ("Creston" or the "Company") (TSX-V: CMS) today announced that it has completed the previously announced 'bought deal' financing for gross proceeds of $11.5 million.
http://www.crestonmoly.com/s/...oly-Completes-C11.5-Million-Financing
Nov 25/10 Nov 25/10 Benner, Colin Keith Direct Ownership Common Shares 10 - Acquisition in the public market 125,000 $0.400
Nov 25/10 Nov 25/10 Godfrey, Richard Direct Ownership Common Shares 16 - Acquisition under a prospectus exemption 50,000 $0.400
http://canadianinsider.com/coReport/allTransactions.php?ticker=cms
Dec 01/10 Dec 01/10 The Rule Family Trust Direct Ownership Common Shares 97 - Other 13,344,500
Nov 29/10 Aug 26/09 Nowak, Brenda Ruth Direct Ownership Warrants 00 - Opening Balance-Initial SEDI Report
Nov 29/10 Nov 25/10 McLeod, Donald Bruce Indirect Ownership Warrants 53 - Grant of warrants 50,000 $0.400
Nov 29/10 Aug 26/09 McLeod, Donald Bruce Indirect Ownership Warrants 00 - Opening Balance-Initial SEDI Report
Nov 29/10 Nov 25/10 McLeod, Donald Bruce Direct Ownership Common Shares 16 - Acquisition under a prospectus exemption 125,000 $0.400
http://canadianinsider.com/coReport/allTransactions.php?ticker=cms
Nov 30 (Reuters)
http://www.finanznachrichten.de/...eston-moly-with-buy-rating-020.htm
December 16, 2010 - 2:26 PM EST
http://app.quotemedia.com/quotetools/...;cp=off&webmasterId=89753
Auf Haywood ist Verlass!! 
http://bigcharts.marketwatch.com/quickchart/...&freq=1&time=8
http://www.crestonmoly.com/s/...ITIVE-PRELIMINARY-ECONOMIC-ASSESSMENT
Hochkarätige Käufer heute:
Merril Lynch Canada: 91,977K Haywood Securities: 60k
Zurücklehnen und geniessen...
http://www.crestonmoly.com/s/...EASIBILITY-STUDY-ON-EL-CRESTON-MOL...
Author: Mining Journal
An independent preliminary economic assessment, or scoping study, for El Creston molybdenum-copper project in Sonora, Mexico, forecasts production of about 10,800t/y of molybdenum for owner Creston Moly Corp.
...
http://www.mining-journal.com/...velopment/creston-molybdenum-scoping