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


To: jackjc who wrote (10161)5/1/2006 11:00:55 PM
From: loantech  Respond to of 78421
 
jack,
Thank you once again for the very informative post. It will be exciting to follow the developments at both MMGG and GGC.
Yes indeed that ore is rich they hauled out of the MMGG areas. Surely there is more there much more including the lessor grade that I consider very rich. <R997 is impressive in its very high silver with low to very low base metal values and its thickness of 15 meters (49.2 feet) that averages 767 grams (24.7 ounces) silver, including 1 meter (3.3 feet) of 6572 grams (211.3 ounces).>
metalin.com

AS far as GGC I read over the MD&A and saw many exciting things. I liked the chart showing the ounces in all categories. Almost a million ounces of AU equiv or there will be when the AG/AU ratio hits 46:1. Lot of new drilling planned. I like the idea of opening two old mines to obtain more mill feed. Grade improving substantially. Even though they may mill a portion of lower grade the costs will be lower, all good. 2nd shift and more output. And potential acquisition if accretion is added. All good good good.

Overall their profitability and grade is increasing at a very robust rate.

It will catch some eyes going forward.