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

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To: TrueScouse who wrote (19075)8/24/2006 11:48:07 PM
From: Mr. Aloha  Read Replies (1) of 78411
 
I'm not the one who was pissed off by the merger. I didn't own EZM, and actually am pleased about the merger, as I'm convinced the new company will be bidding for MMGG's Sierra Mojada zinc deposit when they finish the feasibility study next year.

Lundin already has an interest in the biggest new zinc project for the coming years, Mehdiabad in Iran, and the new company will have interests in 4 of the 15 largest zinc deposits in the world. I'd be shocked if they didn't want to add at least an interest in what should be the 2nd or 3rd biggest new zinc project in the world (can't get any more "world class" than that after Mehdiabad), especially if they can get it anywhere near the current ridiculous undervaluation. Either Sierra Mojada or Apex Silver's San Cristobol in Bolivia is the biggest one they don't already have an interest in, and I don't think they can get a great value from Apex.
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