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

To: WalterWhite who wrote (43999)	7/5/2007 5:37:15 PM
From: marcos	Respond to of 78421

Exactly, i was just saying this to somebody yesterday, mentioned Candente and Copper Fox along with Metalline ... one thing is that it looks like Teck wanted to raise their copper output, they already rank high in zinc ... but still, mmg is cheap zinc, well over 100 lbs/share just in the first resource calc, with huge explo upside and a whole silver/copper side to come ... taking just the first of the zinc, what is that for a price, less than four cents the pound, in a politically secure low-cost jurisdiction with a lot of infrastructure in place But majors are so conservative, they think like bankers, been forced to do so over the years ... they'd rather pay through the nose for something entirely proven and producing, than get it for far less and have to wait a bit for cash flow ... certainly not my preference, i buy development plays and sell producers, actually usually sell very-near-producers in favour of the next development play, lol ... and that habit may not be the only reason nobody has invited me to run a major -g- Metalline won't be around so long, and it'll be Anglo that takes it ... imho it's just a matter of time and price, Anglo knows the GTI process already from Skorpion, and that takeout sure did them well, even with zinc under a quarter of today's price