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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 (11851)	5/23/2006 3:41:22 PM
From: Mr. Aloha	Read Replies (1) \| Respond to of 78416

MMGG has about 50 million shares fully diluted now. Your calculation looks right, believe it or not. Plus we get the high-grade silver deposit in a historically high-grade (no mill used) silver mining district for "free," along with copper, more zinc, lead, and lots more unexplored area. No brainer it is...

To: loantech who wrote (11851)	5/23/2006 5:29:37 PM
From: E. Charters	Read Replies (1) \| Respond to of 78416

Zinc does not equate to gold at all. You used to need 10% zinc to mine underground unless there were accessory metals. Zinc is a matter of market. It recovers lower than gold, has a "heavy" concentrate,( not much zinc metal in a ton of con..~50% con ration is low, unlike bornite) is problematic of silver removal usually, and has a competitive market in the smelter arena. In the late sixties zinc was not wanted much and the price was low. Copper was king. This fact has changed as many of the mines producing zinc in North America are now defunct. Right now many of those concerns are lessened by the price regime enjoyed right now. On the plus side zinc is not hard to recover by xanthate flotation. Recovery is about 85%. Zinc ore (and Pb-Zn ore too) has no electrical signature usually unless it occurs with pyrite. This complicates exploration a bit. EC<:-}