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

To: TH who wrote (2193)	10/8/2008 2:15:14 PM
From: jrhana	Read Replies (2) \| Respond to of 5637

IMO MMG was just an innocent bystander who happened to be standing in the wrong place at the wrong time.

To: TH who wrote (2193)	10/9/2008 1:29:16 AM
From: shelby3	4 Recommendations Respond to of 5637

Aloha has been consistently wrong. I had a big debate with Aloha in Hommel private forum back in 2006 (ongoing to 2007 when he left the forum to come here), basically I was telling him the world economy would falter, the dollar would die, and silver would go to the moon before MMG could get into production. I was telling him that MMG was beholden to the liquidity in the system (the bankers), because of it's huge Capex. Even today, I can not justify investing in MMG, because they still have done nothing to develop a lower capex way to produce a silver mine pronto. The tiny Mcap of MMG is irrelevant, because the capex is so huge. We get nearly no additional leverage, even with the mcap so small now, unlike we do for small mcap silver producers which are already producing and ramping up, e.g. SEG.TO. MMG will only do well in a reflation of the global economy scenario. I urge you to read this guy to see the Dow Theory says that won't be coming any time soon: gold-eagle.com Baltin has been spot on since 2005 and has CFA, CTA, CFP, PhD.. He was retired, but his old clients convinced him to write a newsletter again, apparently because he has a long history of success for his clients. MMG will be sold out to the Chinese after several years for peanuts, because they never developed a way to mine their silver that gives leverage to their small mcap. It would be sort of late for them to change strategies now. Aloha you've gotten slaughtered in MMG. I really feel for you my friend. I hope you are buying silver. God bless. I do think you will get a bounce in MMG and a time to exit on better terms. It will come with the general blast off of silver & gold stocks. Don't get too giddy and let the opportunity pass you by to GET OUT and find a company that can produce silver. Then again, if silver runs to $50 per oz, MMG will probably get bought out any way, perhaps getting you all back to parity, but I seriously doubt you will ever get your 10 bagger from the $4 price. Will the Zinc price go up? YES! Because we will have massive inflation. But you are just treading water in the base metals, because all your input costs go up also. The big story is a monetary one-- the death of the dollar. Gold and especially silver are the big enchillada. No ill feelings intended.