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


To: marcos who wrote (51537)10/28/2007 7:36:51 PM
From: loantech  Respond to of 78419
 
No hurry yet but if WGI adds a couple bucks will need to look at that time. <G>

They say a picture is worth a 1000 words. These pictures tell it all. The infrastructure obtained from Cleveland Cliffs in today's costs may be worth well over a billion:
polymetmining.com

I am amazed by this grinding set up:
polymetmining.com

This does not hurt:
Mineral Resources
~August 2007: M&I Resources of 638 million tons –up 51% from DFS
~grade of 0.74% copper equivalent
~additional Inferred Resource of 252 million tons
~grade of 0.76% copper equivalent>>

US Steel drilled this so much it is like a pin cushion. The inferred is a total go as the metal just lies there in the ground all the same hole after hole.

890 millon tons and expanding. .75% Copper Equiv. Big number.

Let's see the facts on the other one. MMG will not be able to replicate the plant POM has for less than 100,000,000 new MMG shares so share count will be moot IMO.