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


To: que seria who wrote (38736)4/23/2007 11:52:02 PM
From: jackjc  Respond to of 78430
 
We need to better 3.90 or so to break this 1 yr downtrend, more
to make it decisive. But the vol is not right for a triangle and
the early spike was a Jason promo creation.

We are lagging the Zn advance due to the selling to get in the
earlier PP and the subsequent selling after hold removal of same PP,
and the drag from the old BB listing IMO.

I don't think any advance in metal price or completion of the fease
is needed for MMG to break upside. Just a little more time for this
story to propagate (only had Amex listing a short time). Larger
players who were excluded from participation on the BB have been
getting presentations from management recently and this will
continue on a sustained basis.

I continue adding building my position for 3 yrs, lately 2.60, 2.70, 2.80, and today at 3.32.