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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: RealMuLan who wrote (7025)2/23/2006 8:55:42 PM
From: loantech  Read Replies (1) | Respond to of 78418
 
You are giving me some things to think about all very good points.



To: RealMuLan who wrote (7025)2/23/2006 9:57:08 PM
From: jackjc  Respond to of 78418
 
You are wrong on all counts:

There has been no announcement, but when there is a PP offered
and the stock is trading soon after at 3 times the PP price,
IT IS ALL TAKEN. I would mortgage my house and sell my car and
take up walking to raise cash to buy the last share.

The lock up period is not 180 days, 4 months in Canada is
usual, and ONE YEAR in the US where this trades.

A full fease could take a long time from scratch, but this is well
advanced, see the Metallurgy report. Completion is guestimated
at 1 yr by some, unofficial of course.

The need for more zinc production is evident. Holding sh in
a co with a zinc deposit of this quality when the fease is
completed ................Many options, sell,JV, or build.

The Skorpion deposit was similar, and the fease completed
by this same team. Anglo bought it.

But then zinc was a fraction of the present price.

Disclosure: I hold sh in MMGG.