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Gold/Mining/Energy : Precious and Base Metal Investing
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To: TrueScouse who wrote (17218)8/19/2003 6:01:06 PM
From: Claude Cormier  Read Replies (2) of 39344
 
Howie,

IMO,It is critical that both gold and silver move above their recent high. Otherwise, the shares will go down very seriously. We are at a threshold. But as you said, the market looks strong. So we have all reasons to be optimistic.

I've been following MMG for quite sometimes. Can't say that I am excited by those results, but they are a start. With 32M shares fully diluted we have a market cap of $12M which is not excessive. But at this price, I would like to see better intercepts and grades before jumping in. Penasquito being just 20km helps MMG. A story to follow.
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