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

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To: Mr. Aloha who wrote (23537)	10/26/2006 12:48:44 PM
From: Claude Cormier	Read Replies (1) of 78416

-\| I don't think they have enough zinc to justify building their own refinery as MMGG is planning As of today, Zincore has less zinc than MMGG. However their potential is possibly superior as they have identify a series of nine potential deposits of oxide zinc material over a mineralized belt of 30 kilometers. Already the Accha located at the north of this belt and the Yanque located to the south have been drilled positive The other zones are drill-ready and drilling has started at two of the zones, Capayoc and Azulcancha where trenching has returned 10-15% zinc range. Accha has 9m tons of 9% zinc while Yanque, at the other end of the belt, has 20M tons of 4% zinc. Obviously, Zincore is not yet listed and much less advanced than MMGG. Time will tell how they cmpare to MMGG. -\| The other main reason for the huge discount IMO is their otc bulletin board status. I agree with your suggestion that MMGG lack of listing on major exchnage is another reason for the large discount. Like in all projects, only patient investors stand a chance to make the big money. I understand what you mean as I have been very patient with several of my pet stocks.

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