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: loantech who wrote (14188)	6/23/2006 12:13:47 AM
From: Mr. Aloha	Read Replies (2) of 78411

Yes, but that “gravy” alone could justify MMGG’s current market cap. Compare their recent news about a hole with 29% zinc over 24 meters (http://biz.yahoo.com/bw/060601/20060601005332.html?.v=1) in Mexico to this zinc explorer in China (with nearly half the market cap of MMGG) which recently raised $18 million based on 10.7% zinc over 24 meters: Message 22552324. MMGG is actually down from when they announced that news, as the baby’s been thrown out with the bathwater in this sector selloff. It’s also down from their announcement of very high-grade silver drill results (first silver news since 1999: biz.yahoo.com and biz.yahoo.com. Based just on their huge zinc deposit currently going through the feasibility study, which could make them one of the top 10 zinc miners in the world, they should arguably be several times the current price. As the sector recovers, MMGG should be a leader to the upside.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next