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

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To: Mr. Aloha who wrote (23485)10/27/2006 12:07:20 AM
From: Mr. Aloha  Read Replies (1) of 78417
 
Here's a graphical representation of what I was saying about the zinc preproduction juniors still well under half their highs while the producers are hitting new highs:



It seems strange that even with zinc breaking out to new all-time highs, nearly all the zinc preproduction juniors are still down so much from their spring highs. There are fundamental reasons for some of them (e.g., Yukon Zinc's negative feasibility study, PAX's association with YZC because of the shared management and similarly remote location -- PAX chart not shown because it hasn't been around 2 years yet), but MMGG gets grouped with all the rest even with vastly improved fundamentals (feasibility study advanced, great silver/zinc drill results). So, most of the zinc juniors are flat to down the last two years while zinc producers have moved up several hundred percent during this huge zinc bull run the last two years:



I think this discrepancy represents a great buying opportunity for the fundamentally solid, late stage, preproduction zinc juniors. They should appreciate tremendously between now and the time they join the producers.
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