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Gold/Mining/Energy : The Metals Thread -- Ignore unavailable to you. Want to Upgrade?

To: LoneClone who wrote (115)	3/31/2007 3:00:11 AM
From: Taikun	Read Replies (2) \| Respond to of 252

LC, Maybe you can tell me why people like this MUM.V. It appears expensive. A popular poster here calls it the next LBE. For a $73m market cap you get (off the MUM site) 6.5m tonnes of .75% Nickel + .14% Copper mustangminerals.com Compare to CML, $200m market cap On the same table, Bucko, 2.5m tonnes of 2.23% Nickel and .17% Copper AND Bowden, 80m tonnes of .6% Nickel (which is economic at lower Nickel than we have now) Bowden alone is like 8 Mustangs. $600m just for that alone, using MUM valuation. Add in a conservative $200m for Bucko, $1bn. Cheers, D