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Margreb Minerals, m.cap of 3m, $1bn in the ground (MMS)     

Still Waiting - 11 Mar 2007 15:05

Latest investor report:-

http://www.maghrebminerals.co.uk/documents/maghreb/Feb2007/February%202007%20Maghreb%20Minerals%20Presentation%20Indaba%20Mining%20Confernce%20South%20Africa.pdf

With MMS recently concluding deals in Tunisia it has estimated reserves and disused mines with a value in excess of $1billion.

The company is in discussions with JV partners that will bring in the capital to re-start mining quickly.

What value would you place on a company with value in the ground.

With a market cap. of under 4m this looks way too low and should fly with a JV in place.

The share is tightly held with a listed Canadian mining group owning 24%.

Positive news could see the SP multi-bag within days...

Not one for widows or orphans but a small stake could pay dividends in any portfolio.

http://www.maghrebminerals.co.uk/web/maghreb/index.cfm?page=104

Chart.aspx?Provider=EODIntra&Code=MMS&Si

Outlook
-------

The Group's focus in the immediate future is on its Tunisian assets and in
particular on those most likely to be able to be converted into producing mines
in the near term.

Now that the important agreements on the two former mine concessions at Bou
Jabeur and Fej Lahdoum have been signed with the O.N.M in Tunisia together with
the acquisition of the fluorite permit at Zriba (Zaghouan), Maghreb is focussing
on the "advanced exploration" opportunities that these permits provide. This
will be followed in due course by exploration on its other permits including
Djebel Fej Lahdoum, Djebel Goraa, Lorbeus and Ouled Moussa.

The Group has been approached by, and opened discussions with, a number of
parties who have expressed interest in entering into varying commercial
relationships to exploit the different mining concessions and exploration
permits held by the Group.

martinl2 - 19 Nov 2008 09:59 - 109 of 189

Superb news this morning..

kuzemko - 19 Nov 2008 15:53 - 110 of 189

yes, it looks like big shareholders are not giving up on mms so why should we.short term will be painful across the whole market. long term looks good.so far mms has taken right steps to deal with current storm. lets hope it'll die soon and the amrket bottoms soooon!!!
STILL HOLDING

martinl2 - 02 Dec 2008 13:20 - 111 of 189

Nice bit of volume today and a rare bit of blue on my monitor. Something cooking?

martinl2 - 07 Jan 2009 16:18 - 112 of 189

Wow.

Still Waiting - 07 Jan 2009 18:14 - 113 of 189

finally coming alive.

Passin in San Francisco, news to follow tomorrow perhaps?

he's got something planned to utilise the undervalued assets here.

kuzemko - 07 Jan 2009 21:35 - 114 of 189

wow!!!
in ft on monday just gone. there was a artical about china shopping around big time for small mining companies at early stages with proven assets in zinc and base metals.
lets hope tomorrow is another good day

Still Waiting - 07 Jan 2009 23:11 - 115 of 189

corporate action on its way, further assets to be reversed in??:-


http://www.miningmx.com/mining_fin/916730.htm

kuzemko - 08 Jan 2009 20:09 - 116 of 189

any speculations???

kuzemko - 11 Jan 2009 18:05 - 117 of 189

The country situation has changed little. Tunisia remains a helpful place to do business, unlike Algeria where the environment looks increasingly difficult. Chinese miners who hold the license on the Algerian side of the Bou Jabeur deposit have not sunk a hole to date

martinl2 - 12 Jan 2009 10:50 - 118 of 189

Looking forward to the forthcoming news item(s) due this month.

kuzemko - 12 Jan 2009 20:55 - 119 of 189

stand by you on this one

kuzemko - 12 Jan 2009 20:55 - 120 of 189

stand by you on this one

kuzemko - 12 Jan 2009 22:24 - 121 of 189

China's commodities buying spree will turn to zinc this week as the state stocks up on cheap raw materials, a drive which seems motivated by cheap prices

kuzemko - 19 Jan 2009 22:08 - 122 of 189

any mews/update???

Still Waiting - 19 Jan 2009 23:28 - 123 of 189

nope, still waiting to hear what Passin has in store for this.

he believes heavily in uranium reprocessing using berylium and flourite oxides, lets hope some of the Tunisian assets can provide this.

hopefully an injection of funds/ offtake agreement and a firmer timetable for income generation will be high on his agenda.

martinl2 - 28 Jan 2009 12:53 - 124 of 189

Somethings afoot?

robertalexander - 28 Jan 2009 13:01 - 125 of 189

about 12" is a foot at my last reckoning. :),

on my watch list at the mo

Still Waiting - 28 Jan 2009 20:09 - 126 of 189

scoping study to hand now and will be awaiting an accompanying RNS from Passin no doubt.

kuzemko - 29 Jan 2009 12:01 - 127 of 189

80% last week, 30%yday, market must be expecting good news!!!

Still Waiting - 30 Jan 2009 20:23 - 128 of 189

just 6% today !!!
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