mmg - 'predominantly on the North Side silver' - it's almost like they figured out it's time for precious metals ... 150m ozs Ag, 1.5 ozs/sh, with plenty more to drill off, they could get the entire production financed with this ... before the merger, i heard a rumour that they might perhaps maybe look into the idea of a separate mine on the north side, don't know if they're currently on this road, or what ... but it makes sense, as both the mix of metals and the metallurgy are quite distinct from the main body of mostly-zinc to the south ... could be done as a phase 1 sort of thing, in a market interested in silver and not base metal, which attitude may carry on for a while, probably until the chindians enjoy a bracing whackdown and start to recover
Wonder what they plan to do for a ticker in el gran norte blanco? ... some upstart name of Kenna Capital has mmg now, with dot P tacked on at the moment ... it would be nice to have our own ticker both sides of the line ... not that much depends now on what tickles the heart of us unwashed retail, the new group is connected, will be supported just fine, so when they decide the numbers and timing are right, the financing will be there |
