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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 (5725)	7/31/2006 10:58:56 AM
From: Mr. Aloha	Respond to of 48092

Institutions will take it down first before they accumulate. It already was taken down over 50% from the high. My guess is many junior miners, and especially MMGG, have more than priced in "the possible slowdown of the world wide economy," and they'll be recovering in coming months. With its incredible value, I don't think anyone will be able to keep MMGG down after Amex listing. There are just too many investors who will see the upside to let it drop back, just like when you saw MMGG at 1.25 (zinc was under $0.90 then, over $1.50 now, so with its huge zinc leverage and great drilling results since, MMGG is arguably far more undervalued now).