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


To: Mr. Aloha who wrote (2174)9/29/2008 4:35:13 PM
From: jackjc8 Recommendations  Respond to of 5637
 
The timing to begin mining is practically unchanged.

The underground ramp of 12 months plus, and the large development time to prepare numerous open mine stopes for the 3000T-4000T/d mining rate, and the engineering and test time for the test mining have all been eliminated.

Open pit simplicity makes it hands down a better project.

Size is increased to 200k-300kT Zn/yr with the Polymetallic side yet to be figured, N side metal values possibly as much as doubling that as the 600m strike is drilled out 1500m balancing the zn oxide side. Silver, copper, Zinc, and lead values all adding in.

About as big as any Zn proj that could be put into prod in same time frame, should generate interest from midtier up to the biggest majors needing to replace Zinc production.



To: Mr. Aloha who wrote (2174)10/2/2008 5:44:31 AM
From: jack102son  Read Replies (2) | Respond to of 5637
 
If silver will go up significantly that is not good in my opinion. That would mean that the world economy has even bigger problems. Also that would mean that silver would go up, not because of fundamental reasons but because of speculation and in the end silver would go back down to fundamental base.

The case is that nobody is interested in mmg. The only time there was big interest was the pump and dump from Hommel. And that was it, then 2 years going down. Do you see any important institutions, big players buying shares? And nobody will be interested unless zinc goes to 2, but I don’t see that happening. So dad stock maybe even company.

They will soon need money and if the world economy doesn’t recover and the recession will last for another 2 years that would mean that mmg will most likely be bought at around these levels because they won’t have the possibility to proceed on their own.

The big guys know that and that is why they are not around.



To: Mr. Aloha who wrote (2174)10/8/2008 11:15:00 AM
From: jack102son  Read Replies (2) | Respond to of 5637
 
MMG at 0,5$. It wasn't that low even when zinc was 0,5. And they had half the amount of zinc, silver etc they have today. I think zinc will be there soon, but don't know what will then happen with mmg.

Still so low but no buyers (almost just insiders). All I see are a lot of sellers.

As I see it now they will probably need to delay/stop the project for some time, because the recession around the world will be long and painfully (practically nobody is buying cars today).
Do you still see the possibility that there could be some profit for mmg shareholders? If yes what is your scenario?