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Gold/Mining/Energy : Precious and Base Metal Investing

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To: jackjc who wrote (36147)	12/24/2005 9:34:29 PM
From: Mr. Aloha	Read Replies (1) of 39344

With Canadian Zinc and Yukon Zinc moving up over 50% the past few weeks as zinc hits a 16-year high, MMGG would be doing the same if it weren't for the selling from the private placement investors, whose lockup expired this year. The new placement they're doing at .80 has kept the stock down at the current .80 level, but once that's complete in the next couple of weeks, MMGG should take off like all the other zinc stocks. Tax-loss selling will also be done. The fundamentals are way better than when the stock was over $3, with zinc having doubled and the metallurgy proven during the feasibility study. With over $4 billion of zinc reserves proven, MMGG is a no-brainer amazing buy here, IMO. I'll be surprised if it's not a "multi-bagger" after they complete the feasibility study in a year or so.

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