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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: kacy_in_LA who wrote (19405)	8/29/2006 9:37:25 AM
From: E. Charters	Read Replies (2) \| Respond to of 78410

1 year chart does not look near as bad. It depends on your entry point. MMGG is like many other metalists where the recent rise and fall is matched in the stock price independent of potential earnings. This is the olde sawe about blue chip versus growth or perceived potential growth. US marketeers are much more growth and sure growth low gain trade off than CDN play chasers. Play chasing has enormous leverage but it has low success ratio as plays burn out when the drill stops churning. Seeking undervalued production or metal price plays need inefficient markets. This is a maybe given diffusity and moribundity of markets due burn out. In an old market, solid looks better. In a young market, plays look better. To a broker it is what he can sell on any given day. Zinc is in marginal supply. By sheer demand logic any producer or potential producer of zinc should be able to compete. This is interesting because the only metal not in really short supply has mirrored the price rise of metals in really short supply, and that is copper. And one after another they are imitating each other, first moly, then copper, then zinc, then nickel. What is in potentially short supply medium term, is PGM's but they have marched more or less lock step with gold, which is fundamentally wrong as they are producer-consumer industrial metals more than a precious metals, but that is the market. Interestingly, Cobalt should not be in good supply but its price has fallen although not drastically.) What this all points to is there is an underlying manipulation to metal prices by the LME and other scalpers. End users don't really take part in this sort of metal straight jacket, but they do pass the cost on to consumers. EC<:-}

To: kacy_in_LA who wrote (19405)	8/29/2006 1:22:00 PM
From: koan	Read Replies (1) \| Respond to of 78410

Kacy in LA, you say: "much hotter than anyone else on these or any other boards." Koan: You do not know that! How could you know how well he has done and everyone else has done. Do you have a connection with god-lol? RR rides breakouts and then pontificates. Many of us do that without the pontification-lol.