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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: marcos who wrote (68829)1/19/2007 11:45:34 AM
From: carranza2  Read Replies (1) | Respond to of 74559
 
Yes, I took a look at mmg, too.

What a hugely speculative play that is!

La Sierra Mojada, huh? Well, La Sierra Mojada is anything but mojada, and don't you need some water to produce zinc? There is damned little of it in that part of the world. And you need a lot more than the dribble I saw in some exquisitely cropped photo from mmg I saw somewhere.

I see that if you bought at the beginning of '06, you are up 250% as of today. Not bad, not bad, at all.

I'd be putting on my parachute if I were you.

Might be worth a tiny, microscopic plunge because, as you say, there is definitely a supply/demand imbalance.

But one tiny thing goes wrong with a stock like that, and its vacation time at Villa Kaput.