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

To: loantech who wrote (55577)	1/19/2008 5:16:04 PM
From: jackjc	Read Replies (1) \| Respond to of 78409

BCM is a whole nother other. Mgmt had several huge mines to its credit. Huge NLW support. MMG is in comparison relatively unknown. I also think the NLW work primarily the Canadian listings. Since you brought it up, the recent BCM report on silver resource could be compared to what MMG has (early 1996-1999 drilling showed very roughly 40-50M oz at 10 oz/T silver, spacing variable, perhaps some indicated & some inferred.) We will know much more soon when that is all put into the program along with later data. BCM about half silver, though large part of tonnage low grade & not planned to be mined. Very Very Roughly, MMG has 10 times the grade and 1/10 the probable mine rate. $40 ore at 10 cost, vs $400 ore at 40 cost. Capex similar. They should both make large profits. Would appreciate a detailed analysis. IMO the value ratio is perhaps much due to Mgmt mine making history, news letter promo, etc. Not saying that mine making history not important, it is very important.