Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
You know it!
I hope so!
maybe one of the bigger mines will just come in and offer 10 dollars a share big companies are always looking for a monster mine to hedge at higher prices!
METALZZZZZZZZZZZZZZZZZZZZZZZZZZ and MGMX'ZZZZZZZZZZZZZZZZZZZZZZZZZ and MGGV'ZZZZZZZZZZZZZZZZZZZZZZZZZ
going to split ends on monday, I hope we fly!
haha sorry!
:)
YEah no kidding I just ran into him at Shakerzzzz place does he even own a keyboard???????
What a fool MGMX time to shine is here again!
Funny where did you find that in an archive message stockpatrol is old news! looks like you should not have sold seems like .03 and higher is where we are headed!
ENRON!!!!!!!!!!!
MGMX is a better stock then that, at least try and compare it to something else!
50 million, huge mine I am glad someone did the numbers!
I love the fact that these PR's have only scratched the surface (literally) cannot wait for more PR's down the line, Give it all to me baby!!!!!!!!!!!!!!
Mining plays hot,
***MGGV***, ****MGMX****, MNG, GG, RGLD!!!!!!
Me likes them all!
Look at the post I just found over at HSM!
Looks like someone did a little calculation!
"I just received this newsletter in the mail. I get these about once a month. It looks like they have picked up on MGGV!
The Carnegie Financial Research Report
MINING STOCK UPDATE- 1st week June 2006
We have mentioned the potential value of the junior mines in a previous report and
we want to alert you on an opportunity that is unfolding in the market.
MGGV outstanding shares = 90,000,000
MGGV Float = 9,800,000
Only has a $18,900,000 market cap based on Fridays close of $0.21
Anita Mines (in Peru) potential reserves show over $50,000,000+ value. (more reports due)
Anticipating added value from reports of the Deadmoose Lake property (N. Ontario)(due June-July)
Michigan Gold Mining Investments, Inc (MGGV):
MGGV is a junior mineral exploration company presently in the process of developing mineral assets in North and South America.
retains a 100% title to the 'Deadmoose Lake' property- N. Ontario
holds an option on the Anita Mine in Peru
symbol: MGGV
price: $0.21
Lets get right down to the numbers!
1. Anita Mine Engineer Reports:
810 acre property in Peru
probable reserves:
* 3,182,200 ounces of silver over 227,000 metric tons ore
= 14.01 oz per tonne x 11.50 silver price= $161 cost per tonne
=(after $24 per tonne cost to extract) $137 per ton Gross Profit
$137 x 227,000 metric tonnes = $31,099,000 VALUE
further potential reserves:
* 2,160,000 ounces of silver over 216,000 metric tons of ore
= using the same calculations above,based on 10 oz per tonne
$91 x 216,000 metric tonnes = $19,656,000 VALUE
*Silver Price = $11.50 per ounce http://www.kitco.com/market/
PLEASE NOTE:
Other sections of the 325-hectare property (app. 810 acres) have been unexplored.
NEWS Late Thursday June 1, 2006
MGGV announced the Lead reserves associated with the Anita Mine 227k MT deposit.
Engineer notes:
"Contiguous with the silver in the 227,000 Metric Tons of ore is a probable lead deposit reserve averaging 6.7% Pb over the 227,000 Metric Tons. This amounts to a total 15,911 Metric Tons of lead."
Lead currently trades at about 47 cents per pound.
The average ton of ore would contain 135 lbs. of lead or approximately $60.00 per ton.
*** MGGV is correlating the other metals that exist contiguously with the silver in the Anita 227,000 MT deposit and the company expects to publish the grade and the quantity of these metals as the information becomes available
2. DeadMoose Lake Property Engineer Reports:
Company retains 100%
6 claims consist of approximately 600 acres..
location: Northern Ontario
target: Platinum-Palladium
Per the
Ontario Geological Survey of Open File Report 6061:
Montreal River Headwater Area Sediment Survey, Northern Ontario:
PGE Data-Operation Treasure Hunt
The Deadmoose Lake property was staked and centered within the staking,
contained the most anomalous results of over four thousand (4,000) lakes sampled
under the lake sediment survey program (Rapski, 2002).
TAKE NOTE:
The Deadmoose property were highest geochemical results of PGM;s (platinum related metals: palladium etc.) in all of the 4,000 lakes of Ontario.
This finding, of course, does not preclude that even though the Deadmoose Lake has the highest finding of Platinum related minerals in its lake sediments in the province that it possesses economic quantities of Platinum (app. $1150/ounce) and/or Palladium (app.$225/ounce).
The Company plans to drill three holes, of five hundred (500) feet each, on roughly, a forty-five (45) degree angle, into the spring’s base. The drill holes will be spotted by an independent, professional geologist and he will personally handle all the core samples until they are given to the independent assay lab.
MGGV anticipates drilling on the Deadmoose in June-July of this year.
We feel with the current and additional mineral values being assessed in the Anita Mine and of course the added potential value of the unexplored property,
add to that the coming announcement potential of the Deadmoose Lake property,
we feel MGGV has the potential to move positively for investors!
Take the low float and small market cap
and factor in the current reserve value along with all the other coming announcements, we feel MGGV could return 400%+ from this level.
PUT THIS ON YOUR RADAR
symbol: MGGV
price: $0.21
disclaimer:
As always we are not compensated for any stocks mentioned in our reports. This is a paid service newsletter provided to our clients for investment due diligence.
Please refer to the website for further information regarding liability. We thank you for your subscription.
STockpatrol like to make assumptions look at the company filing it will give you any info you need!
I hope MGGV can capitalize on the weakness of the dollar, PM's are my babies this year!!!!!!!!
:)
Funny how people stop crying and arguing when things are up, looks like the longs won this argument for now!
Biggums is the crackhead on the Chappelle show, he always tries to quit but he cannot get enough crack!
Jonesie talking about something but I do not know what!
HAHHAHAHHAHA those stockpatrol scammers get that trash off this board those guys are short.
I don't know if I ever hear him say dump people do not have to be zombies MGMX very cheap for what they have in the ground, 500,000,000 worth of gold maybe, that is alot of gold way more then the 8-15 million market cap it has right now!
Yeah second legs are always fun, I especially enjoy fourth and fifth.
Fun days ahead, people get ready for a wild PM ride this summer
Long precious metal and a few oil plays, no doubt about it though, metals are the hot topic this summer!
Stuck holding at .017 average.
lolly funny that chart broke through all sorts of resistance on friday, .03 ans we could see a double from there.
The crazy thing is they announced 1/2 billion dollar mine and it was trading at 8 million market cap, now they getting things sorted out I expect we will hear some announcements from the company!
180 million I think, big buying came in they just filed a 211 and released some financials, steam picking up on MGMX,
Having trouble busting through this wall will not be easy but when it happens look out this run will seem like chump change.
MGMX just taking off, looking great for everyone who had the sense to get in at lows!
Weeeeee this one tocking just a matter of time before it returns to glory, looking good guys way to call the breakout bill!
Where did all the neg nancies go??????
Benedetto Fuschino | President & CEO
In the early 1980's, Benedetto studied Business, Political Science and Economics at the University of Western Ontario, as well as Marketing and Communications at the University of Windsor. He held the position of Manager of Personal Banking at the Royal Bank of Canada in which he supervised a staff of 20 employees as well as being responsible for overall branch performance.
Benedetto then, in the first half of the 1990's, worked at the President of Herakles Holdings Inc. where he focused on management consulting. Also while at Herakles Holdings, he prepared business plans and company assessments, provided financial consulting to individuals and corporations as well as setup and coordinated management presentation workshops.
Today, as well as his station at Michigan Gold Mining Investments Inc., Benedetto is the regional sales manager at Hyd-Mech Group Limited where he manages a largely diverse territory of the Northeastern U.S., Europe, Mexico, Asia and the Middle East. Some accomplishments to his credit include designing, structuring and implementing sales and marketing tactics within his large territory, negotiating a joint venture deal with a European company for equity investment and increased product breadth, and negotiated exclusive rights for new products to North American market that increased sales by 10%.
Peter D'Jay | Director
Peter D’Jay earned a B.A in Environmental Science from the University of Colorado, Boulder campus in 1984. After receiving his degree he went to work for Mass Merchandising as a sales manager, opening two successful branch offices in Seattle, Washington and Boulder, Colorado. In 1991 Peter began to invest in Colorado real estate while continuing his education. He received his Elementary Education Teacher Certification in 1994. Through the 1990s Peter taught part time and developed a portfolio of rental properties. Peter’s focus in real estate was to purchase and renovate distressed properties. These properties were then resold or held as rentals to provide housing to low-income families through state and federal housing assistance programs. In the late 90s to present Peter has used his networking skills and his real estate contacts to facilitate the development of commercial real estate projects. He has participated in the ownership and development of Peakview Apartments, Lafayette, Colorado; Borchert Pointe Development LLC, Evans, Colorado; and several projects in the redevelopment of Lowry Air Force Base, Denver, Colorado. Peter has taken this same set of networking skills and brought it to the corporate world. Peter consults with and invests in small companies, adding value with his innovative ideas, strategies, and through his network of contacts. Peter has worked with Correct Action International Inc., JPIA Inc., Magic Portrait LLC, and Environmental Conservation Technologies Inc. Peter is the manager of D’Jay Investments LLC and Responsible Dog LLC, a pet accessory company.
Peter has sat on the Board of Directors of I Have a Dream Foundation of Boulder County, been a Big Brother to two young men through Big Brothers of America with which he was awarded Colorado Big Brother of the Year in 1994, Firefighter for Left Hand Fire Protection District, and is currently working with Community Food Share of Boulder County and Eco-Cycle.
Peter resides in Boulder, Colorado, USA with his wife Sarah and four children.
Frank L. Marcantonio | Secretary & Treasurer
Mr. Marcantonio’s professional background in Real Estate Sales, Brokerage, Management and Promotion, encompasses 34 years. He is a licensed Real Estate Broker. Mr. Marcantonio graduated from Boston University, Boston, Massachusetts with a B.S. in Education with graduate studies at New York University and Columbia University in New York City.
Mr. Marcantonio held Chief Executive Officer positions in Egypt Lane Realty, Pondview Properties, Kirwinia Properties IES and Trobrian Properties. He was a partner with the principal owner of Consolidated Commercial Circa 1973-77, a London listed company with offices at 21 Charles Street West WI, Andrew Gordon, Principal.
Mr. Marcantonio worked for the Kasper/Staller organization, Veterans Highway, Hauppage, New York, a leading Long Island shopping developer, free standing gas station, bank, and specialty store sites. He worked in site acquisition, leasing, and land development sales from 1963-69.
Mr. Marcantonio owned the 744-room Paris Hotel at 96th Street, West End Avenue, New York, from 1973-77; the Tudor Hotel, 42nd Street, New York, from 1985-87; and the 1770 House Inn & Restaurant in East Hampton, New York.
Mr. Marcantonio co-opted the first motels on the ocean beaches of the Hampton’s converting over $25 million U.S. in sales. He obtained the first share offering in Manhattan, The Tudor Hotel, a $105 million plan; he was retained to market time shares for the Park-Omni Hotel at 56th Street and 7Th Avenue in New York City in 1996. He has bought, sold, and brokered land, commercial property, commercial hotels, and co-ops, etc.
From 1996 to the present Mr. Marcantonio has operated his own brokerage firm in Sag Harbor, New York, presently consulting on two large right-to-use programs in the towns of Southampton and East Hampton.
Mr. Marcantonio has lived in the United Kingdom on and off since 1969 with residences at 55 Park Lane, 90 Eaton Place, 3 Warwick Square, and Harrington Gardens. He has business contacts of over 20 years with the leading public financial institutions, private lenders and merchant banks, individual investors, and associations with leading solicitors and chartered accounts, in the United Kingdom and the continent. Mr. Marcantonio,a World War Two veteran in the Pacific Theatre serving the 158th Regimental Combat Team , has written a memoir of his war time experiences, “ A Soldier’s Story”.
Mike White | Consulting Geophysicist
MVW White & Associates Ltd was incorporated in 1989 after acquiring Newmonts Timmins exploration facilities. It has been a consulting entity to the Mining and Environmental Industry now for 15 years specializing in Data Services & Modeling for Geophysics, Geochemistry and Geology: our Varied Technical Expertise, Satellite Imagery and GIS Processing Background provides an efficient cost effective discovery technique. The company also supplies prospecting (evaluation/compilation) maps from an extensive exploration data base from its own archives and digital data from government sources: Since incorporation MVWA has compiled and processed into GIS Databases exploration data covering over 2 million sq.km.:
MVWA is especially experienced in lithogeochemistry and petrographical research of mineral deposits having investigated and evaluated over 200,000 rock samples from hundreds of volcanic areas and dozens of producing mine areas. We have provided lithogeochem expertise in combination with volcanological modeling and with geophysical surveys to define alteration zones and subsequent drill targets.
I wonder if Pablo Escabar Inc. will ever get relisted?
sorry ny brain was not working must have been the bleach.
The Silver with the Iron will make extraction that much more profitable The iron basically covers the cost of extracting the silver plus a couple million forming on heck of a base.
Great news I am excited to see what it does for the company, seems like they really are delivering now it is our turn!
Yes I'll admit it I am the other girl!
Some activity in the stock!
Seems like it only time can work things out in a stock, if it was that easy we would all be millionaires so far this company has been good to us and kept us updated about everything that might be going on!
Wow so the value of this company based on what we have heard is up 30% almost the beauty of un-hedged metals!
I have hear that because of the up to date filing we should know everything, this company is giving us as much info as a OTCBB stock.
I am pretty sure the O/S is correct!
Yes MGGV, looks like a standstill, things are getting crazy like the calm before the storm, will it be a perfect storm, not sure, but I can say that MGGV been holding support nicely!
I think they be trying to fix pink sheets crap before we get to hear everything else some moron really burt this stock.
Management as you can see has been working hard to fix the problem!
It was just over 25 million with the run you are right it could be well over 35 million, I think the valuation came into play at 10 dollars silver broke 13 yesterday!
MGMX giving financial reports and we see what a great company it is why can we not win here, they make a profit, they have a huge mine. Slimeballs I tell you!
MGMX gonna get some legs soon!
The more this stock holds up the more the shorts will realize this is all they can get!
Yeah like the silver mine if 10 dollars an ounce make it viable what does 13 dollars an ounce do make it a "GOLD MINE"?