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

To: E. Charters who wrote (55685)	1/21/2008 2:25:08 PM
From: Mr. Aloha	Respond to of 78433

Money's tight, but it's not nearly as tight for zinc projects as it was a few years ago when zinc was $.35/pound. Zinc has fallen, but it's still 3 times that price. It may seem like it with the recent market action, but it's not the end of the world for zinc projects. Several of the world's biggest zinc mines will be running out of reserves in coming years, and China and other developing economies will need more and more of it. The majors don't have enough projects in the pipeline, so will likely buy out juniors with the best projects -- MMG's could be the biggest, most profitable feasible zinc project in the world's pipeline for the next few years. MMG doesn't need the silver to make it in the current market -- Skorpion made it much better in a much worse market with absolutely no silver. The silver means MMG should make it much better than Skorpion did when the market begins to recognize it. Yes, investors are hard to coolly rationalize when they're losing their shirts -- that's why there are stocks selling for less than similar projects were selling for at the bottom of the metals bear market. When the panic's over, the quality companies with quality projects will recover nicely, especially as they advance their projects and increase their resources.