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

To: TH who wrote (1290)	11/12/2007 9:27:34 PM
From: Frankly Speaking	Read Replies (1) \| Respond to of 5637

TH Sorry if you are upset by my posts. I will not continue posting my telephone discussions to the thread. Frank

To: TH who wrote (1290)	11/12/2007 9:43:52 PM
From: jackjc	Read Replies (1) \| Respond to of 5637

But FS said <possibility of being taken out after fease> 1. Majors only buyout after fease. 2. Fease completion is reported as Oct 08 or sooner. 3. Drilling out the silver, getting assays in this busy time would take many months, late next yr. Sounds like reality reason and reality timing to me. But you are right the reality also is a seemingly endless supply of sh for sale. Buyers will have to be found to take them all, lets see if the conference Wed helps. The Zn mkt is not in favor at present. Even in spite of the silver ramp my jr silvers are flat. It is not just MMG.

To: TH who wrote (1290)	11/12/2007 11:01:56 PM
From: Mr. Aloha	Read Replies (1) \| Respond to of 5637

<< No one anywhere has this on the radar to <take it out>. >> I bet Anglo American has MMG on the radar. They bought out the similar sized Skorpion oxide zinc project (valuing it at more than MMG's current market cap) 8 years ago upon completion of their feasibility study. Zinc was much lower then, and Skorpion had much less infrastructure and more complex metallurgy than MMG, plus was using a technology that had never been applied to zinc before. MMG also could have enough silver to more than justify the current market cap, so it's an obvious value. GTI, the same team that put Skorpion into production for Anglo American at historic low zinc prices, is doing MMG's feasibility study, and Anglo is very familiar with them. Given their success with the world-class, extremely low-cost and profitable Skorpion, it's a very low risk project. MMG may not be on the radar for many others yet, but if the feasibility study shows production anywhere near the level of Skorpion's (and we may know the production rate from the mine plan in the next couple of months), it should be the biggest proven feasible pre-production zinc project in the world. That would put MMG on the radar of many potential buyers. The current low price and apparent lack of interest reflects the lack of definitive information about the project, but that should change soon. Also, if they can prove up a significant amount of silver, that will also put them on many radars, especially if silver can recover from this correction and continue to break out.