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

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To: loantech who wrote (9014)4/10/2006 3:16:25 PM
From: Crusader  Read Replies (2) of 78408
 
How about another play on zinc... PGM Ventures (PPG-V).

MMGG has 22 million tonnes of rock, current value about $230 per tonne. Mining is a good ways off. Market cap is US$50 million.

Compare this to PPG with 40 million tonnes of $220 rock, feasibility complete, much of financing in place and likely to produce by 2007. At today's prices they are set to process 1.6 million tonnes per year and produce gross revenue over $300 million per year. A river of cash flow. Market cap is less than C$60 million. This is a screaming buy.
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