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Gold/Mining/Energy : Silver Bull Resources, Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Mr. Aloha who wrote (477)	2/5/2007 4:25:12 PM
From: AuBug	Read Replies (2) \| Respond to of 5637

Many questions, here's the first: What do you mean by started freeing up months ago? "The shares from that placement started freeing up several months ago. There was a big surge in late January/early February, so a large number are freeing up around now, as has been discussed on this board." A US listed stock subject to Rule 144 is restricted for 1 year. They only reported, in the most terse manner possible, 1 closing. That means all shares in the PP were issued on the closing day. The guys managing MMG must be real amateurs if they had multiple closings during a period when the stock price was rising rapidly. They should've closed the first one and then done subsequent ones at ever higher prices based on the average close of the trailing 10 days so as to maximize cash to the treasury. The more I see the more likely I think it is that I'll be able to buy MMG under $2.

To: Mr. Aloha who wrote (477)	2/5/2007 5:10:05 PM
From: AuBug	Read Replies (1) \| Respond to of 5637

This guy Hommel doesn't know what he's talking about. E.g., Zn is not used to make stainless steel: "Likewise, regardless of the price of zinc, it will be used to make stainless steel that does not rust that is needed for things like cars, kitchen knives, and who knows what else. Hommel" One of many sites giving the composition of various SS alloys, none have Zn: chemistry.about.com Hommel's claim that "You get 82 pounds of zinc in the ground for 1 pound of zinc's worth of shares" is specious nonsense. Did he used to write direct mail copy for Bre-X? They cannot realize the value of all the deposit at one time, how fast can they mine it? What does it cost to mine it and refine it. Commonsense says that if MMG really has a low cost deposit of 4.9 billion pounds of Zn then a major would just the entire company and develop the deposit. MMG will not go to $82/share based on this argument. Why does Hommel have the bible prophesy stuff at the end of this article? Could it be that his writing is just dogma so take it on blind faith. Hommel's "report" sounds just like the other direct mail hype I get all the time. Nothing special.

To: Mr. Aloha who wrote (477)	2/5/2007 5:24:33 PM
From: AuBug	Read Replies (1) \| Respond to of 5637

"The stock is now listed on the Amex and is becoming recognized as having perhaps the premier preproduction zinc deposit in the world, and is the only zinc junior listed in the U.S. They have also announced stellar silver drilling results, adding to thousands of results indicating a huge amount of high-grade silver on their property which has 45+ former-producing mines. With so few large zinc projects in the pipeline for coming years, especially in a secure part of the world, MMG will become more and more recognized as a premier mining stock. With several newsletter writers having participated in the private placement, there will likely be some good writeups and promotion coming after their shares are free trading." If it really is a premier Zn deposit then a major will buy the entire company at say a 40% premium, nothing like the 82x Hommel implies. But then when you look at how volatile MMG is being off 30% from its high and lots of cheap paper flooding the thin market is that a good risk? I'll wait until the end of March after the last of the cheap paper is free to decide. As for the newsletter writers being participants in the sweetheart $0.80/share PP they have a real dilemma on their hands, if I pump it and then dump it into the spike I run the risk of being prosecuted by the SEC. I know some of them take that risk on a regular basis but geez louise they've already made 250% on their investment if they can manage to get $3. I think it's more likely they'll rush for the gates rather than start writing about their personal holdings. They stand to make a lot more by cashing in and taking the next sweetheart PP from some other desperate junior with a story to tell. MMG has not found a bottom yet.