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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?


To: jackjc who wrote (36147)10/19/2005 1:01:32 AM
From: regli  Read Replies (1) | Respond to of 39344
 
I agree entirely. BTW I also hold a sizable investment in MGN though I wasn't in the PP.



To: jackjc who wrote (36147)12/24/2005 9:34:29 PM
From: Mr. Aloha  Read Replies (1) | Respond to of 39344
 
With Canadian Zinc and Yukon Zinc moving up over 50% the past few weeks as zinc hits a 16-year high, MMGG would be doing the same if it weren't for the selling from the private placement investors, whose lockup expired this year. The new placement they're doing at .80 has kept the stock down at the current .80 level, but once that's complete in the next couple of weeks, MMGG should take off like all the other zinc stocks. Tax-loss selling will also be done.

The fundamentals are way better than when the stock was over $3, with zinc having doubled and the metallurgy proven during the feasibility study. With over $4 billion of zinc reserves proven, MMGG is a no-brainer amazing buy here, IMO. I'll be surprised if it's not a "multi-bagger" after they complete the feasibility study in a year or so.