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

To: Claude Cormier who wrote (22296)	10/4/2006 3:29:21 PM
From: jackjc	Read Replies (2) \| Respond to of 78421

The chart says 1.50 bottom to me. BWDIK, do your own DD. Have added quite a bit today, trying for more, but price turned up a bit. Why investors chase after remote ore with no infrastructure is beyond me. MMGG has roads, a rail line used prev to direct ship 10M tons silver/zn ore, 13kv power, power in 2 of the mines, access to workers (they have their own drill crews), etc. Locals and gov in favor, year round mining weather. 20M tons 9% zn and 5M tons 13% zn, and more being drilled. Lead manto, needs drilling. Silver removed and direct shipped from 45 mines, can walk 6km from one end to the other, and only hi-grade removed. Never had milling/concentration infrastructure. All that ore removed had to be worth direct smelting. In those days they just dug down and if not hi-grade drifed laterally till they hit.