Michigan Gold Mining Investments, INC. (fka MGGV)

[Babyfabe]

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.