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

To: jackjc who wrote (2092)	7/29/2008 4:45:19 PM
From: marcos	Read Replies (1) \| Respond to of 5637

Is there much of a connection still to Anglo? ... seems to me unlikely it'll be Metalline doing the bulk of mine capex financing, probably whoever takes them over will handle that, in their own fashion ... seems also that a knowledge of likes and dislikes of a potential aquiror would be taken into account, it'll be a big outfit and they like big, they need big to make it worth their while, hence the decision to open-pit even if cost per tonne could be somewhat cheaper going underground at a lower rate, time value of money can negate that fast ... one of the major advantages of Sierra Mojada, known for quite some time now, is that it's big Added a few more today, the ones yesterday were the first in many months ... one per cent p&f target has gone from .87 yesterday morning to 2.23 now [not that this means a great deal imho, since obviously we did not make it to .87] - stockcharts.com[PA][D][F1!3!1.0!!4!20]&pref=G

To: jackjc who wrote (2092)	7/29/2008 5:02:11 PM
From: shelby3	Read Replies (1) \| Respond to of 5637

Yes they have become the property of the majors, because you'll never bring a project of that size to production through a bootstrap. And it is my belief that the majors are just an extension or and are controlled by the major banks of the world. I don't touch anything that depends on the bankers. I will stick with something with a wider market of options for obtaining maximum return on investment, which means something smaller and going to production as we speak, trading Fwd P/E of 2, e.g. SEG.TO. Small things grow faster also. I will take the $25mcap of SEG.TO over MMG's massive capex any day. The capex of MMG will be much larger than the mcap, so the capex is major winner, not the investors.