SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: loantech1/5/2006 1:30:36 PM
  Read Replies (1) of 78410
 
Looks like Jason Hommel sent out an alert to his readers on MMGG. Repeated material but here is what he said:

Metalline Mining (MMGG) for the long term
greattrades.blogspot.com

Excerpts:
Zinc Supply Gap
Following several decades of ample zinc supply, a major supply gap is developing in the zinc markets that will likely have a profound impact on future zinc exploration and mine development. ...
Valuation Based on Zinc Alone
With nearly 5 billion tons of zinc, a $0.60 margin would mean nearly $3 billion of gross profits for Metalline Mining. Even if the initial costs are in the $400 million range for the mine and extraction plant and you discount heavily for the approx. 3-year wait to get into production and the profits coming over 10-12 years, MMGG is still extremely undervalued at its current market cap under $30 million.
...
Metalline Mining Silver/Copper
In addition to the zinc reserve currently in the feasibility stage, Metalline Mining also has high-grade silver and copper mineralization on the North side of its Sierra Mojada property. ...

If the results continue to be good, the silver/copper side of MMGG could have as much or more potential than the zinc side....

At the current level under $1, MMGG looks like a steal, and anything under $2 also looks like a great value with huge upside for the long term.

(I own all three stocks promoted in this report, and none of the companies has paid me to promote their stocks.)
silverstockreport.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext