Monday, June 05, 2006 2:45:53 PM
http://www.trendingmarkets.zoomshare.com/
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.
(and more reports due!)
PLUS!!
Anticipating added value from reports
of the Deadmoose Lake property (N. Ontario) due June-July
ANITA MINES in Peru Engineer Report
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
PLUS!
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
Recent News shows Lead value in the ore
Michigan Gold Releases Probable Lead (Pb) Reserves of the Anita Mine
Thursday June 1, 3:30 pm ET
Michigan Gold Mining Investments, Inc. is pleased to announce the probable lead (Pb) reserves in the Anita mine.
symbol: MGGV
price: $0.21
Long Term : TARGET $1.50
Short Term : TARGET $0.65
A move to the short term target represents a 200% MOVE
Outstanding Shares: 90,000,000
FLOAT: 9,800,000
ZOOMAN
"If You Buy The Best...You'll Never Be Dissatisfied"
'Doc' Sumner...My Dad!!!
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