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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 (23528)10/26/2006 12:03:26 PM
From: Mr. Aloha  Read Replies (3) | Respond to of 78412
 
Yes, I'm aware of the Southwestern oxide zinc deposits. I don't think they have enough zinc to justify building their own refinery as MMGG is planning, so they might end up being a customer of MMGG's refinery (I think Skorpion still has the only one for oxide zinc in the world).

Yes, there are a lot of risks that MMGG has to eliminate via the feasibility study to cut into that discount, but I'm confident that they'll succeed at that. The other main reason for the huge discount IMO is their otc bulletin board status. Many investors, especially institutions, won't touch the stock until they get listed. A positive feasibility study and listing on a major exchange are what will get them the recognition in the market they deserve, and I expect both to come.