Mines Management Inc./ MGN (AMEX)

Zitat

Original von Edel Man

(...)
Insoweit lasse ich die ersten Prozente,WENN nur das Permit kommt....
(...)

Grüsse

Hallo Edel Man!

Zum damaligen Zeitpunkt war das sicher die richtige Entscheidung.

Man muss aber sehen, dass das in den USA offenbar nicht immer so läuft, dass man das Permit bekommt und es dann los geht.

Ich suche mal das David Bond Zitat für die Idaho Bunker Hill raus, vom 23.03.2007. (Aus Bob Hoppers Radio Show entnommen.)

Wenn es für Montana ähnlich läuft, werden die erst strampeln müssen & dann wird durchgewunken - oder nicht.
Nicht andersherum! Ist ein wichtiger Punkt, weil das das Verständnis dafür schärft, wie es da offenbar läuft.

Hier erst mal der Link:

http://www.goldseitenforum.de/…?postid=161724#post161724

Zitat

Im weiteren Verlauf vergleicht Bob Hopper das Mining Business und das Thema der Permits mit dem "Laufen durch ein Minenfeld".

Und David Bond kontert, mit einer zitierfähigen Reaktion (ca. 11te Minute):

"They [the EPA] never give you a permission - you have to sort of 'try it' and then they stop you at mid motion and say: no, you can't do it that way!
- But what way can we do it?
Well, thats not up to us!"

(...)
Fazit von Bob Hopper und wohl neben dem wenig verlockenden Motto des Broadcasts dieses Tages auch ein Stück weit Bob Hoppers Lebensthema (ca. Ende 18te Minute):

"Now, even if you do it right, you're still wrong! And that is the dilemma the whole nation is looking at, today!"

Soviel Defätismus ist sogar David Bond etwas zu viel & man hört ihn daraufhin tief durchschnaufen, als wolle er einen schweren Ballast los werden ... .
(...)

Alles anzeigen

Nun ist das Idaho und nicht Montana, - aber ich bin mir nicht sicher, ob das hier der Realität nicht doch ein Stück näher kommt.

Denn der Satz

Zitat

--Sobald die definitive Genehmigung vorliegt, bin ich sofort wieder dabei.--

relativiert sich in seiner Durchführbarkeit, wenn die Aktie einem Permit entgegen steigen sollte ... .
Die bei 5.16 US$ gekauften Stücke lasse ich in jedem Fall jetzt liegen, ich finde die Shortquote bei MGN, wie Adera sie uns gepostet hat, recht auffällig & bedenkenswert, da wird sich wohl analog Sterling - was tun.

Die andere Sache, Edel Man, ist, dass nun bereits Zeit vergangen ist, die Einschätzung damals war richtig, ob sie es nun noch ist, zeigt erst wieder die Zeit.

Man sollte in so einen Wert (der in dieser Schwebesituation dennoch auch Cashburn hat!) natürlich nie viel reinstecken.
Das wäre das Fazit, das ich aus dem von Dir Gesagten für mich ableiten würde.

Meine Vermutung ist aber:
Die Aktie wird NICHT unbedingt das lange ersehnte Permit bekommen, und dann schockartig zu steigen beginnen!
Sondern sie wird der Nachricht entgegensteigen ... - erst dann kommt die Nachricht - woraufhin sie endgültig die Rakete macht.

Das ziehe ich wiederum aus dem, was David Bond & Hopper gesagt haben - falls es so ähnlich auch für die Situation in Montana sein sollte.

Grüsse,
gutso

Zitat

Original von Edel Man
(...)
Aber wenn schon Risikoinvestment, dann möglichst mit Profit.

Hallo Edel Man,

bei grösseren Summen sicherlich. Ich fand da z.B. auch die Streuung in Trusts & Dividendenwerte (Energie z.B) eine gute Idee.
Ich machs dennoch anders, dafür habe ich kaum Werte mit tödlich viel Cashburn im Depot, die dann zeitnah Ergebnisse liefern müssen.
Das ist die andere Seite.

Dafür könnte da wiederum keiner mit recht viel Geld rein gehen, - wenn der kleinste dieser Werte (Idaho) ja gerade mal 0.5 Mio Marktkap hat - und zwar nachdem er sich verdoppelt hat. ...

Zitat

In letzter Zeit habe ich öfter SL angewendet, das erfordert auch mal Überwindung.

Das stimmt - ich war so froh es bei Marakand Minerals gemacht zu haben ... . Mitte / Ende Juli 2006 - kannst ja mal den Chart ansehen, UK:MKD / MKD.L
Politische Börsen haben manchmal kurze Beine sehr kurze Beine sogar ... makaber. ...

Zitat

Richtig ist immer, hinter seiner Entscheidung zu stehen,und vielmals bringt Zuwarten den Gewinn.
Irgendwie war das bei USGold ähnlich.

Ja, bei mir wars mit der GVM.ASX so - allerdings habe ich Dödel sie dann doch zu um einiges früh verkauft.
War auch so ein Miniwert. ...

Aber hätte ich es bei Marakand gemacht, wäre ich heute Usbekischer Strassenhändler, die hatte mal 12 % Anteil meines Minen-Depots ... .

Zitat

Bin nicht sicher, ob und wann ich wieder mit einer Anfangsposition einsteige.

Du wirst das sicher rechtzeitig merken, wie ich Dich einschätze.
Selbst wenn dann tatsächlich noch kein definitives Permit vorliegen sollte.
Oder Du kannst ihr beim Fallen zusehen, das hat den Vorteil dass man es so kostenlos bekommt!

Es wäre auch mal interessant, die MGN Leute mit der Aussage von David Bond zu konfrontieren (leicht variiert & ohne dazuzusagen, wer das gesagt hat, - sonst heisst es ohnehin sofort "bei uns ist das alles gaaanz anders, als in Idaho").

Gruss,
gutso

So, es ist vollbracht. Termingerechte Lieferung, wie man das von einer seriösen Firma erwarten kann!

20.04.2007 15:43
Mines Management Announces Successful Closing of US$30 Million Unit Offering

Mines Management, (Nachrichten) Inc. (AMEX:MGN) (TSX:MGT) is pleased to announce that it closed earlier today its previously announced public offering of 6,000,000 units at a price of US$5.00 per Unit, resulting in gross proceeds of US$30 million or US$28.2 million in net proceeds to the Company, after deducting underwriting commissions but before deducting offering expenses. Each unit offered is comprised of one share of common stock and one-half of one common stock purchase warrant, with each full warrant being exercisable for five years from the closing of the offering to purchase one share of common stock at an exercise price of US$5.75 per share.

The underwriters have been granted an over-allotment option, exercisable for a period of 30 days following the closing, to acquire up to an additional 900,000 units for additional gross proceeds of up to US$4.5 million, or net proceeds of up to US$4.23 million.

The net proceeds of the offering will be used to fund a portion of the cost of a two year advanced exploration and underground drilling program at the Company's Montanore Silver-Copper Project in Montana and for general corporate and working capital purposes.

This news release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein in any jurisdiction. The offering may be made in the United States only by means of a prospectus and the related prospectus supplement, copies of which may be obtained from TD Securities, 31 West 52nd Street, New York, NY 10019 (Tel: 1-212-827-7879). and in Canada only by means of a prospectus and the related prospectus supplement, a copy of which may be obtained from TD Securities Inc., Ernst&Young Tower, 222 Bay Street, 7th Floor, Toronto, ON M5K 1A2 (Tel: 1-416-982-2059).

Mines Management, Inc. is a U.S.-based mineral company focused on the exploration and acquisition of precious and base metals mineral deposits. The company's primary focus is on the advancement of the Montanore Silver-Copper Project located in northwestern Montana.

This press release contains forward-looking statements regarding the Company within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act and Section 21E of the Exchange Act and similar Canadian legislation. Investors are cautioned that forward-looking statements are inherently uncertain and involve risks and uncertainties that could cause actual results to differ materially. Such statements include comments regarding the exercise of the underwriters' over-allotment option and the use of proceeds of the offering. Factors that could cause actual results to differ materially include material economic and political events including those affecting supply of and demand for silver and copper, a material adverse change in the financial condition of the Company, fluctuations in silver and copper prices, changes in U.S. and Canadian securities markets, failure to receive regulatory approvals, negative results of environmental or technical studies, rehabilitation and drilling program problems or delays in or objections to the permitting process, the proximity of the project to the Cabinet Wilderness Area and habitat for grizzly bear, bull trout and lynx, failure or delay of third parties to provide services, changes in the attitude of state and local officials toward the Montanore Project, and other factors discussed in the Company's periodic filings with the Securities and Exchange Commission, including its annual report on Form 10-K, as amended, for the year ended December 31, 2006. Additional information is available in the Company's filings with the Securities and Exchange Commission, on SEDAR at http://www.sedar.com and at the Company's website at http://www.minesmanagement.com.

Douglas Dobbs

Vice President, Corporate Development&Investor Relations

Konnten die "Altaktionäre" bei diese KE nicht mitmachen?

Hallo,

Hatte MGN als "langjähriger Aktionär, highly engaged" angeschrieben
---allerdings OHNE Antwort

...und gehofft, Adera als QuasiSpezi vom Chef dort wüsste mehr:

...die ergiebige Korrespondenz dazu:

v. emoba:
."..Hallo ihr spezialisten...

hab grade , datiert March 27, 2007 mit der RELEASE 07-03
von MGN die Info erhalten, dass sie ein PP durchführen würden
(US$ 30 million)
Wisst ihr genaueres?
Lässt Douglas Dobbs auch "Kleinere" fröhlich mitmachen?

Grüsse

emoba

Antwort
ADERA
100g-Mitglied

"Frag ihn doch mal Augenzwinkern""

Zitat

Original von emoba
(...)
"Frag ihn doch mal Augenzwinkern""

Hallo emo!

Bin auf eine Antwort auch noch gespannt.

Wir sind bei 4,71 US$ bei Mines Management gerade.
So beschissen ist das doch gar nicht.
Wollte sagen: Perle, eine Perle!

Ich bleib drin, immer noch, und - ohne Meldungen - auch noch einige Monate - falls ich sie rauswerfen sollte, muss ein Grund da sein.
Ich seh keinen.

Als Nachkäufe oder Einstandspositionen habe ich aber für den Verlauf dieses Jahres andere eher im Auge.
MGN soll mal machen, was sie kann, - selbst wenn der Kurs jetzt für Nachkäufe ok wäre.
Ich muss Haushalten.

ILDM & TBLC wären was, aber erst wenn endlich mal einer meiner Werte da ein Vervielfacher wird, SBUM verbilligen wäre schön & ASLM, ebenso MSLM sind immer noch günstig wie eh & je ... da kann ich mich nicht beklagen was die mögliche Auswahl angeht.

CA: PDL lacht mich auch die ganze Woche schon an.
Seit etwas über 4 Jahren kenn ich die jetzt, happy birthday.
Und da werd ich wohl auch noch was machen.

Grüsse,
gutso

Hallo gutso,
wann immer ich mir eine Mine anschaue, steht dort wann sie in Produktion gehen möchte.
Bei eingen klappt das, andere brauchen länger.
Bei MGN verzichtet das Managment auf jeglichen konkreten Termin.
Weshalb?
Grüße

Vatapitta

Hallöle!

Ich bin nicht der Spezi vom Chef

Ich habe Kontakt zum Sohn. Der war bzw. ist viel unterwegs und kann nicht immer sofort antworten. Also cool bleiben.

Macht Euch durch die Kurse nicht verrückt! Es hat sich Fundamental nichts verändert.

LG
ADERA

Es ist unheimlich schwer voraus zu sagen, wann eine Mine in Produktion gehen kann. Da gibt es so viele Einflüsse. Stell Dir vor, MGN sagt 2009 und dann wird es 2011. Du wärst super enttäuscht!

LG
ADERA

von MgM habe ich bzgl PR folgende Antwort erhalten:

Thank you Mr. xxxxx,
We have contacted the representatives at Goldseiten.de, and hope to increase our visibility in Europe (including Germany) throughout this year and in the future.
We received substantial early support from Germany in 2003 shortly following our acquisition of the Montanore Project, and look forward to introducing the company to the region moving forward.
Thank you, again, for your consideration and support.
Best regards,
Doug Dobbs

Bezüglich Produktonsbeginn könnte man ja mal nachfragen....

So Leute, jetzt wird es aber allmählich mal wieder Zeit für einen Pullback. Jetzt sind wir so ziemlich am unteren Limit!

[Blockierte Grafik: http://chart.finance.yahoo.com/c/5y/m/mgn]

Allmählich nervt der Kurs ein wenig. Nicht, dass ich der Firma weniger zutrauen würde, aber es grünt sich eben schöner.

Kann mir jemand sagen, warum der Chart nicht funzt? Danke.

Press Release Source: Mines Management, Inc.

Mines Management Announces Exercise of Over-Allotment Option
Wednesday May 9, 9:03 am ET

SPOKANE, Wash.--(BUSINESS WIRE)--Mines Management, Inc. (AMEX:MGN - News; TSX:MGT - News) is pleased to announce that the underwriting syndicate led by TD Securities Inc., and including Blackmont Capital Inc., Salman Partners Inc., Cormark Securities Inc. (formerly Sprott Securities Inc.) and Raymond James Ltd., has exercised its over-allotment option to purchase an additional 836,600 Units, at a price of US$5.00 per Unit, granted in the Company's underwritten offering that closed on April 20, 2007. Each Unit is comprised of one share of common stock and one-half of one common stock purchase warrant, with each full warrant being exercisable to purchase one share of common stock at an exercise price of US$5.75 per share until April 19, 2012. The gross proceeds resulting from the over-allotment option exercise, which closed earlier today, are US$4,183,000, or US$3,932,020 in net proceeds to the Company, after deducting underwriting commissions but before deducting offering expenses. The total offering is therefore 6,836,600 Units for gross proceeds to the Company of US$34,183,000, or US$32,132,020 in net proceeds to the Company, after deducting underwriting commissions but before deducting offering expenses.

ADVERTISEMENT
The net proceeds of the offering will be used to fund a portion of the cost of a two-year advanced exploration and underground drilling program at the Company's Montanore Silver-Copper Project in Montana and for general corporate and working capital purposes.

This news release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein in any jurisdiction. The offering may be made in the United States only by means of a prospectus and the related prospectus supplement, copies of which may be obtained from TD Securities, 31 West 52nd Street, New York, NY 10019 (Tel: 1-212-827-7879), and in Canada only by means of a prospectus and the related prospectus supplement, a copy of which may be obtained from TD Securities Inc., Ernst & Young Tower, 222 Bay Street, 7th Floor, Toronto, ON M5K 1A2 (Tel: 1-416-982-2059).

Mines Management, Inc. is a U.S.-based mineral company focused on the exploration and acquisition of precious and base metals mineral deposits. The company's primary focus is on the advancement of the Montanore Silver-Copper Project located in northwestern Montana.

This press release contains forward-looking statements regarding the Company within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act and Section 21E of the Exchange Act and similar Canadian legislation. Investors are cautioned that forward-looking statements are inherently uncertain and involve risks and uncertainties that could cause actual results to differ materially. Such statements include comments regarding the exercise of the underwriters' over-allotment option and the use of proceeds of the offering. Factors that could cause actual results to differ materially include material economic and political events, including those affecting supply of and demand for silver and copper, a material adverse change in the financial condition of the Company, fluctuations in silver and copper prices, changes in U.S. and Canadian securities markets, failure to receive regulatory approvals, negative results of environmental or technical studies, rehabilitation and drilling program problems or delays in, or objections to, the permitting process, the proximity of the project to the Cabinet Wilderness Area and habitat for grizzly bear, bull trout and lynx, failure or delay of third parties to provide services, changes in the attitude of state and local officials toward the Montanore Project, and other factors discussed in the Company's periodic filings with the Securities and Exchange Commission, including its annual report on Form 10-K, as amended, for the year ended December 31, 2006. Additional information is available in the Company's filings with the Securities and Exchange Commission, on SEDAR at http://www.sedar.com and at the Company's website at http://www.minesmanagement.com.

Meines Erachtens war das Timing der Kapitalerhöhung katastrophal. Viel zu starke Verwässerung - trozdem entsprechen die im Boden liegenden Ressourcen (230 Mio Uz Silber und 2 Mrd Pfund Kupfer!!!) ca. dem 120-fachen Unternehmenswert (gerechnet auf Basis von ca 19,5 Mo Aktien).

Das Ding hat ein unglaubliches Potential, sofern ein anderes Unternehmen ein Auge auf MGN wirft. Da müsste locker eine Verfünffachung auf dem jetzigen Niveau drin sein.

Naja, als katastrophal würde ich es nicht unbedingt bezeichnen. Wichtig ist doch, dass das Projekt in die Gänge kommt.

Mir sind die Kursschwankungen fast egal, denn wenn was draus wird, dann geht´s eh dermaßen was von up! Verfünffachen, das denke ich auch. Das ist auf jeden Fall drin.

Sofern.... ihr wisst schon...

MGN ebenso wie SRLM liegen in der Schublade.....hier braucht man einen langen Atem.....am besten gar nicht erst jeden Tag anschauen, da wird man nur kirre!!!

Hätte ich nicht gedacht, daß die noch so tief abstürzen nach PP

17.05.2007 18:07
Mines Management Announces First Quarter Results

Mines Management, (Nachrichten) Inc. (AMEX:MGN) (TSX:MGT) is pleased to announce results for the first quarter of 2007. The Company reported a net loss for the quarter ended March 31, 2007 of $1.8 million, or $0.14 per share compared to $1.1 million loss, or $0.08 per share for the quarter ended March 31, 2006. The $0.7 million increase in net loss was attributed to increased expenditures for the first quarter 2007 compared to first quarter 2006 resulting from increased activity for the Montanore Project including permitting, technical studies, and preparation for the Libby adit rehabilitation and delineation drilling program, and corporate legal, accounting, and administrative expenses relating to the public offering completed on April 20, 2007.

Overview

In the first quarter of 2007, the Company:

* Maintained strong cash and investment position with $3.5 million on hand at March 31, 2007.
* Continued adding infrastructure at the Libby adit site.
* Completed a water quality pilot plant test and analysis in the Libby adit.
* Continued work with state and federal agencies to provide technical information in support of the preparation of the Draft Environmental Impact Statement.
* Completed a detailed schedule and budget for the next two years for the Montanore project.

Subsequent to the end of the first quarter, on April 20, 2007, the Company completed a US$30,000,000 public offering at $5.00 per unit in which 6,000,000 units, each comprised of one share of common stock and one half of a warrant to purchase one share of common stock, were sold, resulting in US$28,200,000 net proceeds to the Company after deducting underwriting commissions but before deducting offering expenses. As a result, the Company has sufficient funds on hand for the first three phases of its planned advanced exploration and delineation drilling program that it expects to undertake at the Montanore Project over the next two years. The Montanore Project continues to be the Company's main focus and, in addition to the planned delineation drilling program, the Company is continuing its permitting efforts with federal and state agencies and its optimization review.

The Company has initiated its planned two-year advanced exploration and delineation drilling program at the Montanore Project. We expect to dewater and rehabilitate the Libby adit, and then advance the adit approximately 3,000 feet toward the middle of the deposit. We plan an additional 10,000 feet of development drifting to provide drill access to different portions of the deposit, construction of drill stations, and diamond core drilling of approximately 50 holes totaling approximately 45,000 feet. The objectives of our advanced exploration and delineation program are to:

* Expand the known higher grade intercepts of the Montanore deposit;
* Develop additional information about the deposit;
* Further assess and define the mineralized zone; and
* Provide additional geotechnical, hydrological, and other data.

We expect that results of the drilling program, if successful, would provide data to support the completion of a bankable feasibility study. The net cash expenditures for operating activities for the quarter ending March 31, 2007 was $1.7 million. The Company believes that the recently completed financing, raising $28.2 million, net of commissions but before expenses, provides sufficient working capital for rehabilitation of the Libby adit and commencement of the evaluation drilling program over the next two years. In order to complete the planned program, the Company would need an additional $10 million in external financing.

Permitting and Environmental

During the first quarter of 2007, MMI continued to address technical questions and comments generated by the U.S. Forest Service and the Montana Department of Environment Quality (MDEQ) as they prepare the draft environmental impact statement (EIS) relating to the Montanore Project. In response, MMI submitted final technical information for the proposed tailings dam design and the transmission line and additional technical information regarding road use, mitigation of impact on grizzly bear and grizzly bear habitat and water management.

The collection of the requested information culminated in the submission by MMI in February 2007 of a revised project description for the EIS incorporating all technical comments generated by the agencies to that point. Our third-party EIS contractor continues to work on alternative analyses of the environmental impacts of the Project.

Geology

In the first quarter of 2007, MMI continued work on the geologic model of the Montanore deposit, including digitally defining shapes that represent bedding planes and rock types. This geologic model will be enhanced with the results of the planned delineation drilling program, with the goal of better defining the predictability of the deposit ore grades and of the ore and mineralized zones.

During the first quarter of 2007, MMI also identified potential geology staff for the Project with an emphasis on employing individuals to work on the upcoming delineation drilling program.

Engineering

The primary engineering focus during the first quarter of 2007 was the activity associated with installing infrastructure at the Libby adit site in preparation for the commencement of delineation drilling. Montanore Project optimization opportunities continued to be reviewed and developed by the engineering staff.

Advanced Exploration and Delineation Drilling Program

In July 2006, MMI initiated site preparation for the delineation drilling program planned at the Libby adit. These efforts continued in the first quarter of 2007, during which time MMI completed construction of the shop, office, and rehabilitation of the portal and generators. Ventilation fans and other equipment were installed in the Libby adit site.

Following completion of the pilot scale tests of the water treatment method in 2007, MMI prepared a bid package that should be submitted in the second quarter of 2007, with delivery and commencement of operation of the water treatment plant anticipated to occur late in the second quarter and early third quarter of 2007.

Also in the first quarter of 2007, MMI placed orders for underground equipment including a roof bolter, scissor deck, underground loader, and underground trucks, which are expected to begin arriving in May or June of 2007, with deliveries continuing throughout the year.

MMI currently has four employees at the adit site and plans to hire four additional employees starting in the second quarter of 2007.

Financial and Operating Results

Mines Management is an exploration stage company with a large silver/copper project, the Montanore Project, located in northwest Montana. The Company continues to expense all of its expenditures and has no revenues from mining operations. Financial results of operations include primarily interest income, general and administrative expenses, permitting and engineering expenses, and other miscellaneous.

Liquidity

For the quarter ended March 31, 2007, the net cash used for operating activities was $1.7 million, which largely consisted of permitting, engineering and site preparation expenses for the Libby adit rehabilitation and delineation drilling program. The net cash provided by investing activities for the quarter was $1.6 million from the sale of certificates of deposit. The net decrease in cash on hand at the end of the first quarter 2007 versus year end 2006 was $0.1 million. The Company anticipates spending approximately $15 million from cash and investments on hand for the final three quarters of 2007 for activities related to the Libby adit rehabilitation and delineation drilling program.

About Mines Management

Mines Management, Inc. is an advanced exploration stage company focused on the acquisition, exploration and advancement of precious and base metals mineral deposits. The Company is currently focused on the Montanore Silver-Copper Project located in northwestern Montana. The Montanore Project contains a large silver and copper resource.

Forward Looking Statements

Some information contained in or incorporated by reference into this report may contain forward looking statements. These statements include comments regarding the sufficiency of funds on hand for the first three phases of its planned advanced exploration and delineation drilling program at the Montanore Project; Montanore Project permitting, the commencement and completion of activities related to the planned dewatering, rehabilitation and advancement of the Libby adit; development drifting and delineation drilling program; expectation that the results of the drilling program, if successful, would provide data to support a bankable feasibility study; requirement for an additional $10 million in external financing to complete the planned program; expectation that the drilling program will enhance the geologic model; timing of delivery and commencement of operation of the water treatment plant and underground equipment; and plans to hire additional staff. The use of any of the words, “anticipate“, “continues“, “estimate“, “expect“, “may“, “project“, “should“, “believe“, and similar expressions are intended to identify uncertainties. We believe the expectations reflected in those forward looking statements are reasonable. However, we cannot assure that the expectations will prove to be correct. Actual results could differ materially from those anticipated in these forward looking statements as a result of the following actors: worldwide economic and political events affecting the supply of and demand for silver and copper, volatility in the market price for silver and copper, financial market conditions and the availability of financing on acceptable terms, uncertainties associated with underground drifting and drilling operations; delays in the timing of delivery of needed equipment, unfavorable results of drilling, variations in grade and other characteristics, permitting problems and delays, the availability, terms, conditions and timing of required governmental permits and approvals, uncertainty regarding future changes in applicable law or implementation of existing law, the availability of experienced employees, the factors discussed under “Risk Factors“ in our Form 10-K, as amended, for the period ending December 31, 2006.

Tom Szabo heute:

I wanted to mention a company I haven't talked about in a while, Mines Management, which hit a low of $3.90 today on account of fear, uncertainty and doubt. This stock traded as high as $10 back when silver was around $6 and copper was $1.50. They still have the same deposit -- Montanore -- and have been (very slowly, which has resulted in many shareholders throwing in the towel) advancing it toward development. The project faces some significant environmental hurdles and is several years away from production :(, but you can't get metal in the ground for much cheaper than Mines Management :). I am going to examine this stock in the next few days since I haven't looked at it in a while but assuming I like what I see, I plan to buy a few shares for the long-term portion of my portfolio.

VG heron