Investment Highlights
- Mosquito Consolidated Gold Mines Ltd. (“Mosquito”, “MSQ”, “the company”) is a Vancouver, British Columbia based exploration company focused on development of the CUMO molybdenum-copper deposit located in the US state of Idaho.
- The CUMO project has an indicated resource of 1.44 billion tons containing 1.84 billion pounds of molybdenum, and 2.21 billion pounds of copper. Inferred resources are 2.52 billion tons containing 2.29 billion pounds of molybdenum, and 3.66 billion pounds of copper.
- Substantial quantities of silver and tungsten are also present and their recovery will reduce the overall cash cost of molybdenum production.
- The company has a strong management team and the chairman of the board of directors is Hongxue Fu, a professional expert in energy and mining and also president of the International Energy and Mineral Resources Investment Company Limited (HK).
Risks
- The value of the company is dependant on commodity prices
- At this time, the company does not own a producing mineral property.
- Development of a project the size of CUMO requires extensive capital investment.
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