Great Investments

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Thursday, May 11, 2006

 

Metalline Mining (MMGG), the Silver Stock

Metalline Mining (MMGG) announced drill results on their polymetallic manto this morning (second column from the right in the lower portion should be labeled Silver oz/tonned, not Silver g/tonne). With multiple very high grade silver and zinc veins shown in these initial results, MMGG should now be considered a silver stock as well as a zinc stock.

We've been pounding the table on MMGG for months based on their zinc mining potential, but now they deserve a much higher valuation based on their huge silver potential in addition to the zinc.

Despite the recent sharp rally in the stock that has already met the cup & handle breakout target over $5 we mentioned last Friday, MMGG remains our favorite stock and best idea for long-term upside potential.

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