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

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To: Mr. Aloha who wrote (477)2/5/2007 5:10:05 PM
From: AuBug  Read Replies (1) of 5637
 
This guy Hommel doesn't know what he's talking about. E.g., Zn is not used to make stainless steel:

"Likewise, regardless of the price of zinc, it will be used to make stainless steel that does not rust that is needed for things like cars, kitchen knives, and who knows what else. Hommel"

One of many sites giving the composition of various SS alloys, none have Zn: chemistry.about.com

Hommel's claim that "You get 82 pounds of zinc in the ground for 1 pound of zinc's worth of shares" is specious nonsense. Did he used to write direct mail copy for Bre-X? They cannot realize the value of all the deposit at one time, how fast can they mine it? What does it cost to mine it and refine it. Commonsense says that if MMG really has a low cost deposit of 4.9 billion pounds of Zn then a major would just the entire company and develop the deposit. MMG will not go to $82/share based on this argument.

Why does Hommel have the bible prophesy stuff at the end of this article? Could it be that his writing is just dogma so take it on blind faith. Hommel's "report" sounds just like the other direct mail hype I get all the time. Nothing special.
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