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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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From: loantech5/18/2006 12:15:24 PM
   of 78416
 
Some interesting comments on Genco. I was told they are in the public domain so posting is fine:

<Gold Hotline
>*******************************************************
>May 8, 2006
>*******************************************************
>
As for our stocks, I just returned from viewing Genco
>Resources' (GGC) La Guitarra mine in Mexico. It was
>a grueling two days, but I came away from there
>thinking that this stock will be a great buy for a
>long time to come. Genco runs a small, but growing
>mining operation. But the world does not realize just
>how big this ore body is. It is very large.
>
>In the next two months, Genco will come out with an
>updated resource calculation that I think will shock
>the mining world. I'll have a lot more about this in
>the monthly newsletter. Buy.


I like this and the fact that several analysts and NLW have very recently toured the Genco property and I expect several write ups in the near future FWIW.

IMO their market cap is way undervalued vs. some of their peers and also because GENCO has been very quiet about revitalizing their mine.

I am long GGC.
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