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Gold/Mining/Energy : Silver Bull Resources, Inc.

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To: RealMuLan who wrote (91)	10/5/2006 12:41:16 PM
From: Mr. Aloha	Read Replies (2) of 5637

Do you really think the selloff since June amid the whole sector getting slaughtered is because the first hole they drilled on a historic water well site had been mined out? Their first round of water exploration sounds promising to me: Our first round of exploratory drilling indicates an area, about 20 kilometers east of the district mines, where a relatively shallow, high quality water supply may be developed. Our next round of exploration drilling will be in this area. We have obtained leases for surface access well sites and pipeline construction in areas where we will be drilling. For one of the largest zinc mining projects in the world, having to pipe in water is not a showstopper and won't be a significant cost. How many world-class mining projects do you know of that didn't go to production because they couldn't get water or had to pipe it in? IMO, MMGG is the baby being thrown out with the bathwater amid a sector selloff. It's a tremendous bargain here, and will be much higher in a year and probably starts the reversal very soon if it hasn't already started yesterday.

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