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


To: hubris33 who wrote (8700)3/31/2006 10:09:31 AM
From: jackjc  Read Replies (1) | Respond to of 78417
 
I think MAI is fully valued at present as it is a small mine
and most of the exp prop is in a difficult area to permit if
they did find something.

It is not common knowledge, but McEwen did not buy into MAI as part
of an overall plan to merge with his other jrs. He bought
because MAI was having a problem with the financing and they
offered to him, and he saw it as a good investment, nothing more.