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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 (14188)	6/23/2006 12:13:47 AM
From: Mr. Aloha	Read Replies (2) \| Respond to of 78410

Yes, but that “gravy” alone could justify MMGG’s current market cap. Compare their recent news about a hole with 29% zinc over 24 meters (http://biz.yahoo.com/bw/060601/20060601005332.html?.v=1) in Mexico to this zinc explorer in China (with nearly half the market cap of MMGG) which recently raised $18 million based on 10.7% zinc over 24 meters: Message 22552324. MMGG is actually down from when they announced that news, as the baby’s been thrown out with the bathwater in this sector selloff. It’s also down from their announcement of very high-grade silver drill results (first silver news since 1999: biz.yahoo.com and biz.yahoo.com. Based just on their huge zinc deposit currently going through the feasibility study, which could make them one of the top 10 zinc miners in the world, they should arguably be several times the current price. As the sector recovers, MMGG should be a leader to the upside.