SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: marcos who wrote (55080)1/7/2008 11:53:34 AM
From: Mr. Aloha  Respond to of 78405
 
Yes, they and Calpers are definitely high-profile investors, but they can't/won't take a bigger position until they see some hard numbers from the zinc feasibility study or silver exploration. Too much unknown until they get some of those numbers.

It's good to see these guys take a starter position -- they should ramp that up significantly as long as things develop as we think they will. I think there are a number of institutions on the sidelines ready to jump in as some of those unknowns get resolved. That should be the catalyst to break MMG out from the long pennant pattern.

With the Chinese now involved in buying up preproduction base metal projects in Mexico for over a 100% premium (http://siliconinvestor.com/readmsg.aspx?msgid=24189307 ), the upside for potential junior buyout targets there has moved up.