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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.

Still Waiting - 09 Feb 2009 20:01 - 134 of 189

poster on lse says MMS have confirmed the scoping study is to hand and are finishing off the news which is to accompany it!!!

martinl2 - 10 Feb 2009 09:51 - 135 of 189

Good, so lets have it then?

kuzemko - 11 Feb 2009 13:45 - 136 of 189

what are we expecting??? good news, bad news, any news???

martinl2 - 11 Feb 2009 15:11 - 137 of 189

Hopefully GOOD news kuzemko!

Still Waiting - 11 Feb 2009 19:56 - 138 of 189

its the news accompanying the scoping study that's important.

have they found a partner to start the mining??

Still Waiting - 12 Feb 2009 19:17 - 139 of 189

another 40% added today and the sp has now broken out before the news breaks...

kuzemko - 12 Feb 2009 19:20 - 140 of 189

very odd. could that mean good news like possible j.v or???

martinl2 - 12 Feb 2009 19:47 - 141 of 189

Everythings pointing to a big rise tomorrow, and I mean a 100%+ sort of a rise :)

edit> Or perhaps a small retrace instead if there is no news lol.

Still Waiting - 12 Feb 2009 20:34 - 142 of 189

might have to fuel it tomorrow and try to bag another 100K early on...

kuzemko - 13 Feb 2009 19:35 - 143 of 189

may be monday!!!
Chinas Economy Shows Signs of Recovery on Stimulus (Update3)
Email | Print | A A A

By Kevin Hamlin

Feb. 13 (Bloomberg) -- Chinas economy is showing signs that a 4 trillion yuan ($585 billion) stimulus package is taking effect.

The worlds third-biggest economy may expand 6.6 percent in the second quarter after slowing to 6.3 percent in the three months to March 31, the weakest pace since 1999, according to the median estimates of 14 economists surveyed by Bloomberg News.

China is trying to reverse an economic slide that has already cost 20 million jobs, raising the risk of social unrest as exports plunge and the property market sags. Spending on roads railways and housing has increased prices for iron ore, put a floor under industrial output and helped to drive a record $237 billion of new loans in January.

China looks set to be the first major economy to recover from the current global meltdown, said Lu Ting, an economist with Merrill Lynch & Co. in Hong Kong. China is the only economy in the world to see significant growth in credit to corporate and household sectors after September 2008, when the financial crisis worsened to a near collapse.

The governments stimulus plan, announced in November, is beginning to gather momentum. Projects such as the building of 3.5 billion yuan of public houses in Shaanxi province and Shanghai began in December, while Shandong province started work on three new railway lines the same month.

China is committing about 1.2 trillion yuan of central government funds to the plan, which means banks willingness to fund projects is crucial. So far they are responding.

martinl2 - 19 Feb 2009 10:24 - 144 of 189

Looking lively again. Not long to the news now.

Still Waiting - 19 Feb 2009 19:01 - 145 of 189

end of next week.

look for the larger trades to point the way..

kuzemko - 19 Feb 2009 20:34 - 146 of 189

so i understand we are waiting for scoping results and additional news???

Still Waiting - 25 Feb 2009 20:24 - 147 of 189

the two week delay is now coming to an end and still no sign of news!! just selling.

can the deposits really be worthless?

martinl2 - 25 Feb 2009 21:54 - 148 of 189

Not seen that much selling though Still Waiting. Just a lull in volume and market makers taking advantage of T traders getting caught out by the 2 weeks delay.

martinl2 - 26 Feb 2009 15:05 - 149 of 189

950k buy - 21.5k just gone through! Someone's confident..

pisces - 26 Feb 2009 15:49 - 150 of 189

Could be about to get exciting this one, news imminent?

Still Waiting - 26 Feb 2009 19:52 - 151 of 189

doesn't take much to push this skyward.

if it does do a deal and attracts market attention we'll be in for a big rerating.


Passin knows this too...

kuzemko - 28 Feb 2009 04:17 - 152 of 189

Scott Wilson provides services to the mining industry at all stages of project development from exploration and resource evaluation through scoping, prefeasibility and feasibility studies, financing, permitting, construction, operation, closure and rehabilitation. We advise exploration and mining companies, financial institutions, governments, law firms and individual investors on the technical and commercial aspects of mineral property development!!!!!!!

Still Waiting - 01 Mar 2009 10:28 - 153 of 189

With news next week we'll soon find out if there's enough in the ground to make future mining viable.

If not we may see Passin reverse some other venture into this, Mongolian assets seem much sought after at the minute.
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