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

To: shelby3 who wrote (2097)	7/30/2008 12:27:38 AM
From: jackjc	Respond to of 5637

Gonna be very tough for almost all jrs to finance a mine with the way the finance sector is still crashing. But MMG still has much work to do before they are ready for that, and have a great operations team working in Mexico advancing the resource. At present at a 1.00 Zn price they have drilled up roughly $10 billion worth of Zn/Ag with 5 drills adding to that daily. In a safe country with existing infrastructure and trained workers. If there is a need for their metals, that should get financed when conditions have stabilized. Whatever combination of debt/equity/user fin/silver sales it takes at the time. If the world is in a funk with excess metal drag, more tough times.