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


To: loantech who wrote (8635)3/30/2006 11:48:28 AM
From: jackjc  Read Replies (1) | Respond to of 78417
 
Tom: Aloha has made the most recent call to Merlin. Maybe he
can comment.

In running towards the zinc deposit Merlin accidentally splashed
a little cold water on the silver. Not intentional, we will
soon get more silver-cu news.



To: loantech who wrote (8635)3/30/2006 1:18:51 PM
From: Mr. Aloha  Respond to of 78417
 
Tom -- I think MMGG has some very conservative lawyers that make them put all kinds of warnings and conservative language in their filings and press releases. The result is MMGG is thought of purely as a zinc stock, with probably far less potential than it really has.

With the cash they raised in the PP, I expect them to release some new silver/copper drill results soon, for the first mention of silver from them since 1999. If they start getting thought of for their silver/copper in addition to the zinc, the stock should join the silver stock rally. If the new results are consistent with the old results, the stock should move up significantly to reflect their silver potential, which seems to be much better than that of some other stocks that have been flying.

Currently, with the company not even having mentioned silver in 7 years, it's hard for anyone to think of it as a silver miner. However, I think that will change this year...

Aloha