HOLY MOLY

HOLY MOLY

Dear Member,

This week we are writing about more than just a sector, more than just a company and definitely more than just another property. We are telling the story of one company with one property that hopes to make history.

Our long time members have become very familiar with the name Mosquito. And even more familiar with the company, Mosquito Consolidated Gold Mines Ltd. (MSQ:TSXV).

You may not be a molybdenum specialist or even a mining specialist but as an investor we hope that you either know someone who is, or can research and apply the information documented within this report to understand its true value. Mosquito Gold is our longest standing Featured Company. The advancement of their CUMO Molybdenum Property and their proven management is why.

Mosquito has been drilling, preparing and doing everything necessary to update and calculate a 43-101 compliant resource calculation on their CUMO Molybdenum Property. They are looking to confirm and possibly improve on the historic (1982) Amax resource calculation of 1.38 billion metric tonnes grading 0.092% MoS2. The wait is almost over

It was announced on February 4th that Mosquito has contracted the Giroux Consultants of Vancouver, BC, to perform a 43-101 resource calculation for the Cumo Molybdenum project. Giroux Consultants are very experienced incalculating large scale resource calculations. They have calculated resources for properties such as Davidson, BC (Thompson Creek), Galore Creek (Novagold), Gibraltar (Boliden), and Petaquilla (Adrian Resources).

For the past 6 weeks Mosquito has been reporting one significant news release after another. It needs to be stated that data to be used in the updated 43-101 calculation will consist of 4,110 samples (mainly 10 foot samples) in 34 drill holes completed by AMAX and Mosquito. Let's recap their drilling accomplishments to date.

On January 7th Mosquito Gold announced that Hole 30 intersected Molybdenum bearing mineralization from 12.2m (40 feet) to 715.6m (2346 feet). That same hole; Hole 30-07 returned 715.1 meters (2346.0 feet) grading 0.107% MoS2 (1.49% Cu Eq. 0.132% MoS2 Eq., 2.37 lbs MoO3/t) Including 246.1 meters (807.5 feet) grading 0.185% MoS2 (2.33% Cu Eq. 0.132% MoS2 Eq., 3.72 lbs MoO3/t).

Mineralization on the CUMO Molybdenum Property consists of copper, molybdenum, silver, rhenium and gallium. The presence of the by-product elements gold, silver, rhenium and gallium is very significant in terms of the development of the property. These valuable precious metals are almost all trading at or near historical highs.

The previous holes drilled at the CUMO property have confirmed the presence of three distinct metal zones within the deposit. This zonation was not recognized by the previous operators. The zones consist of a copper-silver upper zone, a transitional copper-molybdenum zone and a lower molybdenum zone.

Work by AMAX (previous operators) although excellent, stopped prior to fully exploring the entire system. As such, the 1981 AMAX resource calculation did not take into account the higher grade areas encountered in holes 29, 30 and 32.

It has been reported that the 6 holes completed by Mosquito in 2007, plus the 28 other holes on the property will be used to calculate a 43-101 compliant resource calculation that could confirm and possibly improve on the historic (1982) Amax resource calculation of 1.38 billion metric tonnes grading 0.092% MoS2. This new resource will take into account the three different zones encountered on the property: Cu-Ag; Cu-Mo, and Mo zones.

The most important issue to understand is that the value of Molybdenum has skyrocketed to $35 per pound, an increase of more than a few hundred percent since 2002. It can cost between $2 and $8 dollars per pound to mine molybdenum (this can fluctuate greatly depending on numerous factors). Mosquito's CUMO Property is open pitable and its mineralization is all at surface. Their company's vision since inception has been low cost production and their goal is to be the lowest cost producer in the world.

Keep in mind, this resource estimate is not on the entire CUMO property. This property is believed to have the potential to be one of the most undervalued, largest molybdenum and mineral deposits in the world. The results of the resource calculation will be used to control the 2008 drill program such that areas of the geological block model, which do not make it into the resource calculation, will be targeted for drilling. Drilling is scheduled to resume on the Cumo Molybdenum project around the middle of April 2008 with a minimum of four (4) drill rigs on the property. The drilling will begin under the existing permit while the new 5 year exploration permit is being processed.

To understand the intense demand molybdenum is under, we encourage you to read one of our past Weekly Volumes titled "Obscurities Rise to Prominence." This Weekly Volume written by our team at Pinnacle Digest is featured in the highly anticipated book "MolyMania", written by Michael Caldwell. Mosquito Gold is also featured in great detail within this book which is set to be released in stores shortly.

Pinnacle Digest is proud to have featured Mosquito Consolidated Gold Mines throughout 2007 and we are reaffirming our position as we head further into 2008. Our team is expecting the updated 43-101 resource calculation on their CUMO Molybdenum Property very shortly.

Like all great discoveries in history, they only happen once and if great enough, they are remembered forever.

All the best with your investments,

PinnacleDigest.com