Gold and Silver Juniors, Mid-tiers and Producers Message Board

STOCKTALK

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 Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Gib Bogle who wrote (9957)	5/3/2006 3:49:11 PM
From: Mr. Aloha	Read Replies (1) of 78426

Agree that zinc is the big story. My favorite stock and biggest holding is Metalline Mining (MMGG), which is well into the fease for a huge zinc mine in Mexico. They're on the bulletin board, which has held the stock price down even during the huge zinc rally. MMGG was over $3 in 2004, when zinc was less than 1/3 the current price and their project wasn't nearly as advanced. If they can get listed on a major exchange, they should get a big influx of interest from institutions and other investors that won't touch a bulletin board stock. They also have high-grade silver as well as copper, though they haven't released any news on that side since 1999. The president just announced in a letter to shareholders that the dearth of silver/copper news will soon change: "Work on the copper silver mineral system has been reactivated. The copper silver mineral system produced high grade direct shipping ore from 1906 until about 1995 from about 45 mines over an area of approximately 5 kilometers east-west by 1 kilometer north-south." "Metalline explored the north side copper silver mineralization from 1996 to 1999 and has collected over five thousand channel samples from these workings that have economic grades, particularly at present metal prices. We are drilling and channel sampling this mineralization in the area known as the Polymetallic Manto that runs for a distance of about 1500 meters from the San Salvador mine to the Fronteriza mine parallel to the Iron Oxide Manto to the north. We are evaluating the data that has been collected and analyzed and will announce the results as this work progresses." If they get some good results from the copper/silver drilling, MMGG should start to be considered a Mexican silver/copper play as well as a zinc play. With huge leverage on zinc, silver, and copper, the long-term upside for MMGG is enormous, IMO.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next