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Gold/Mining/Energy : Silver Bull Resources, Inc.

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To: Mr. Aloha who wrote (2179)10/2/2008 2:38:53 PM
From: jackjc4 Recommendations   of 5637
 
That sums it up very well, but I would add:

The new US administration will likely push recovery projects like infrastructure and energy independence, big users of metals, so USA usage may well surprise on the upside.

Also while majors usually require a full fease, interest could surface from smaller firms such as LUN,etc which need to replace high cost production being shut down early. Just proving out the resource further could interest a strategic partnership from a mid tier, may not need a full fease.

And we shareholders are not privy to the full resource data due to SEC Guide 7 rules: pp 34-35. We do not know the status that interested firms can access.

sec.gov

Interested companies that sign confidentiality agreements routinely get to see what we holders do not see. Exception is if a share offer is made, then holders get the same data.

Most all my jrs are Canadian jrs and do not have the same restrictions. So when MMG reports with general statements like twice the metal, or 5 times the mine rate, without hard numbers, we are not satisfied with the reporting.
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