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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 (11563)	5/23/2006 2:37:05 PM
From: loantech	Read Replies (2) \| Respond to of 78416

Mr. aloha, Let's put this in simple terms. How many shares of MMGG now fully diluted? How many ounces of gold equates to 5 billion lbs of zinc? I will work on the 2nd question: 1lb zinc = $1.60. $1.60 X 5 bill = $8,000,000,000. Divide by $670 per ounce for AG = 11.9 mill ounces of Gold equivalent. This cannot be correct?? If so MMGG has a pretty big resource. Let's look at ore value in the ground. I think that gold resources have been looked at by using a similar valuation model. Can the market cap could be about 10% of mineral worth? Is that correct Or would you use 5%? At 10% of $8 bill in zinc the we are looking at a market cap of 800,000,000. Or at 5% of the value of the ore in the ground 400,000,000.If we have 40 mill shares out then we should be at 10 bucks doing nothing. If we use 10% of ore in the ground we have a 20 dollar stock. If this is true and zinc demand is rising and supply falling this has to be the best no brainer stock I have ever owned. Something is wrong with this picture? Help requested, Tom