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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?


To: RealMuLan who wrote (5646)7/24/2006 8:38:39 PM
From: jackjc  Read Replies (1) | Respond to of 48092
 
MMGG has not been promoted at all by the Co, only by outsiders.
It is momo buyers jumping on which ramped it from 75
to 5.69, and sellers bailing on the inevitable retrace.

MMGG has just what it had at 3.35 high couple yrs ago, and at
the .75 bottom, 5.69 high, and now at 2.75. But coming down
to the .75 bottom the financing was failing. When money started
coming in the picture changed and was quickly oversubscribed.
Now they have the cash for fease completion, and Mine Plan due
in 3 months or so, which will show RESERVES and mining costs
(except refining which is well known.)

I did my DD, bought when obviously a bargain, ignored the
promotion. And have been adding during the later part of this
decline. I have never visited the property, but have bet on
what I think they have and will wait for the fease and accept
what it shows.

I don't see TA making money for most people, though I use it for entry at times.