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

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To: jackjc who wrote (2073)	7/25/2008 8:19:26 AM
From: jack102son	Read Replies (1) of 5637

I know that zinc will be interesting again but currently I do not see how mmg will profit from that if they won’t be mining it. I do not know if they can sell zinc directly to smelters and if they are able to sell the silver in the zinc deposit. If one of these questions is not resolved positive then in my opinion they will not be able to go further with the project. Currently I see no deficit in zinc and that the levels of stockpile in different warehouses can go down. The numbers are slowly growing despite all the closures, reduced output etc. This tells me that the demand is going down and if the recession picks up it can go down further. This will probably bring a huge deficit once in the future but that currently does not help mmg. How big will the dilution be even if the amount of money they will need will be very little if the share price goes down even more? Lower than 1$. Will they even still be on the amex?

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