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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 (9014)4/10/2006 11:58:46 AM
From: jackjc  Read Replies (1) | Respond to of 78408
 
Well, the mine plan requires multiple Mex visits and is more
practical for Pincock as opposed to S.Af located eng firm.

And they can start this month and takes 3 months.

For more info call Merlin, I don't know beans about the details
of a full feasibility study.

Silver news: Hoping to get some soon. I know they had to put off
processing the data taken some time ago as were short of cash.
But with all the cash raised recently, they are working on this again.



To: loantech who wrote (9014)4/10/2006 3:16:25 PM
From: Crusader  Read Replies (2) | Respond to of 78408
 
How about another play on zinc... PGM Ventures (PPG-V).

MMGG has 22 million tonnes of rock, current value about $230 per tonne. Mining is a good ways off. Market cap is US$50 million.

Compare this to PPG with 40 million tonnes of $220 rock, feasibility complete, much of financing in place and likely to produce by 2007. At today's prices they are set to process 1.6 million tonnes per year and produce gross revenue over $300 million per year. A river of cash flow. Market cap is less than C$60 million. This is a screaming buy.