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


To: Anchan who wrote (9046)4/11/2006 12:04:49 AM
From: koan  Respond to of 78408
 
I believe one cannot quantify specualtion and this could keep right on going. It did in 1980 and this sure looks like 1980.

2) the reason supressing gold and silver will be so tough is that 1) this rally includes the base metals as well:and 2), comex is not in control anymore like 1980. They can raise margin requirements and the asians will yawn and tell the sellers to put the gold and silver in little steel boxes and load it on the plane-lol.

My GUESS is that we go to $15 and consolidate, but with this iran nuclear fear out there and the middle east devolving into civil war, the sky is th limit.

Ask yourself, one, what if you thought russia was about to nuc us? and 2) if you were in the middle east and thought a civil war might spread through out the region would not gold and silver seem a place to park your oil profits.

The rest fo the world is caught up in speculative feaver and dollar crashing fear.

Hard to see what would negate any of the above.

They are reporting gold and silver on tv now!!



To: Anchan who wrote (9046)4/11/2006 12:08:06 AM
From: koan  Read Replies (1) | Respond to of 78408
 
PGM got in trouble with the securities commission. I know crdible people who say it wa sbunk and really like it, but if I do not see positive volume I steer clear.

In a market like this I want movers.

Go look at the silver stocks I keep talking about ECU, exn, mai, uc they are up almost every day on real good volume.

when silver or any commodity is rising like this if I do not see volume and movement why bother too many good undervalued stocks that are participatng.



To: Anchan who wrote (9046)4/11/2006 3:59:42 PM
From: Crusader  Respond to of 78408
 
It is probably low because there really doesn't seem to be much promotion that goes on with the stock. They don't even have a website to my knowledge.

If you bring up an insider trading report for the company, you will see that the insiders have been accumulating this stock at current levels over the last year as recently as March 17th at 71 cents. A lot better than many of the high flying stocks of late where there has been nothing but net selling in a big way by insiders.

As far as the news release you posted, that is the advantage of being on the TSX versus OTBB where MMGG is. Arguably there are more stringent requirements and checks and balances. I can't comment on the behaviour of management but I can say this. The regulatory matter on PPG does not seem to reflect any serious issues.

PPG has enough credibility to have a loan from a bank in place to the tune of over $60 million, also an offtake agreement with a processor and an associated loan from them of $23 million. There are government grants in place and they have hired production management. This mine is highly likely to happen and produce very good cash flow. It is a very attractive story. The share price should move up soon if it hasn't started already.

On April 6, 2006, PGM Ventures Corp. announced that it is appointing Agne Ahlenius (44) as mine manager for its Aguas Tenidas project located in southwest Spain. Mr. Ahlenius's appointment completes the Aguas Tenidas senior management team, needed to bring the project into commercial production. Mr. Ahlenius has held senior management positions during successful mine start-ups and has been mine manager at several underground base metal mines in both Spain and Sweden, including Boliden's Petiknas mine.

Other Aguas Tenidas news:

1. Construction of the new high-security explosives magazine is now complete. The three secure areas are designed to separately hold the detonators, explosives and other blasting consumables.

2. Rehabilitation of the underground ventilation shafts is now complete, while that of emergency escape way systems is under way and expected to be completed shortly.

3. The company is continuing negotiations with Investec Bank (UK) Ltd. for a project loan facility, as well as with Aker Kvaerner Engineering Services Ltd. for an EPCM construction contract.