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

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

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To: jackjc who wrote (23921)	10/30/2006 6:47:51 PM
From: TrueScouse	Read Replies (1) of 78416

Jack: Thanks for the details on MMGG. I have a reasonable position but don't follow it closely. After all, why should I with several MMGG specialists on this board!?! <g> I didn't realise that it was getting this degree of PR. For me it's a "keeper" for the long-term BM bull market, in the way that Eurozinc (EZM ) was for several years. EZM was very unloved -- trading in Vancouver, lots of shares out, not producing, copper and zinc (boring), etc. But it was sitting on a sh*-load of ore in a safe country and it was just a matter of time before they'd go into production again. Meanwhile you could pick up unlimited shares at 15 cents! I see MMGG in the same way, although it's "earlier-stage" than EZM was. But at these prices I can see the project being fast-tracked big time. <<PM's: today stalled out after moving just over 607, not good. But I am ready for another leg, preferably up......>>* My feeling is that POG could get whacked down tomorrow, because it's the last day of the month and if it closes at this level we'll have a "monthly reversal" -- a very strong technical signal IMO that the Fed won't want to see. If we do hold these levels tomorrow, I would expect November to be very strong. A positive sign for me is that my PF has had strong gains over the last 3 weeks -- up about 15% -- while the POG has not gone up very much. I mostly hold juniors and I think there has been new money coming into them while gold has still been consolidating. Best regards, Howy

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