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Gold/Mining/Energy : ZINC The base metal. News and Views. Symbol Zn

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To: Mr. Aloha who wrote (2157)12/25/2006 12:24:56 PM
From: terry101   of 3270
 
Agree on the MMG plus a few others. You had a lot to do with me taking a look at MMG. It is my biggest (and happiest) zinc.

Added a couple jrs in Mexico (I think more stable than many believe for the next few years as the socialists diminish).

SPM: Has several zones with more than 5-7% zinc. They plan to be running 2000 tonnes per day through the mill by the end of the year, and that will bend some ears if they are running rich zinc ore. The share price is back to what it was in April, but they have added a million tons of new high grade ore since then. This is equivalent to producers like ECU and FR. SPM should achieve a production level similar to FR so it should have a comparative value. A fully diluted capital structure of more than 110 million shares at $2 SPM will be price target around $2.50 per fully diluted share.

IPT: A historic silver area but the Spanish didn't value the high grade zinc vein they came across and left them. While many are talking of copper going higher, I think zinc may pass it up short term. IPT produces silver now most don't see the 500 tons of Zinc that came with it. They have found numerous zones that grade between 7-10% Zn and are increasing the amount of zinc processed. Nice - with a nice silver kicker!

Thanks again for the input I get here and best to all of us for the new year.

Terry
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