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


To: Mr. Aloha who wrote (11168)5/12/2006 1:01:48 PM
From: loantech  Read Replies (2) | Respond to of 78417
 
Thanks Mr. Aloha. Even at 3.93 we have a nice high floor!

I can't believe I missed this portion (or just glossed over it) from the President's letter. This could be huge:

<The Esmeralda mine historically produced ore from the Lead Manto and from the copper silver mineral system, and is one of the largest mines in the Sierra Mojada District. The Lead Manto ore was silver bearing lead carbonate, the mineral cerussite. Examination and sampling of the Esmeralda Lead Manto stopes has revealed that the host rock for the cerussite mineralization is a high iron oxide rock containing oxide zinc mineralization similar to the Iron Oxide Manto and that the stope back-fill contains oxide zinc mineralization.
Colorimetric (Zinc Zap) and XRF (x-ray fluorescence) analyses of the back fill and host rock indicates high zinc content. Sampling and analysis of this material is in progress and results will be reported as they are received. The result of this discovery is that the 5 kilometers of historic lead manto workings has potential to define oxide zinc reserves.>

Come on MMGG just keep adding o the huge system we already have. Yes I love the new silver numbers. And now it looks like we have additional pending assays of another zone with a potential strike length of 5KM's.

I think when we get these additional new numbers people are going to start to wake up out of their slumber and buy this stock. We have zinc, we have silver, we have lead, we have copper and it just keeps getting bigger and bigger.



To: Mr. Aloha who wrote (11168)5/12/2006 1:51:12 PM
From: peter snowdon  Read Replies (2) | Respond to of 78417
 
I remember speaking to Merlin three years ago, when I thought I MMGG was hugely undervalued. Of course, I did nothing about it. One more for the list of missed opportunities...:-)



To: Mr. Aloha who wrote (11168)5/16/2006 10:17:33 AM
From: Mr. Aloha  Read Replies (1) | Respond to of 78417
 
Fiboacci 61.8% retrace:

Amazingly, at today's 3.70 low, MMGG has bounced exactly at the 61.8% retrace spot of the 6-day rally from 2.49 to 5.67:

5.67-(5.67-2.49)*0.618 = 3.70

That Fibonacci was way ahead of his time...