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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 - 16 Apr 2009 20:29 - 167 of 189

late flurry of buying, with lead & zinc rising strongly are the mines now a goer???

kuzemko - 16 Apr 2009 21:25 - 168 of 189

china is hungry for the stuff ,india needs it.at this prices mms is turning economical

kuzemko - 27 Apr 2009 12:59 - 169 of 189

not seen this buying volume in mms for a while???

kuzemko - 08 May 2009 22:00 - 170 of 189

seem like no one writes here anymore.
shouldn't we see MMS price retreat back to "around 5p" with recent progress in Zn+Pb prices. and it looks like this could be longer-term trend.
according to MMS scoping study- with Zn at $1440 and Pb $1680 MMS pre-tax cash flow would be around $49.6 mln. current cash prices are zn $1589/pb $1481.
"we'll not miss the next commodity boom" words of CEO.
any thoughts???

martinl2 - 11 May 2009 12:43 - 171 of 189

I think so kuzemko. Bought another c.50k this morning.

Still Waiting - 15 May 2009 21:15 - 172 of 189

am expecting news from Passin on this next week.

options granted, commodity prices rising and volume building as well.

gl.

Still Waiting - 18 May 2009 20:16 - 173 of 189

starting to pick up a head of steam now, with buying in volume restricted.

kuzemko - 03 Jun 2009 21:07 - 174 of 189

what's going on here. lead up. zinc up all minerals up and mms still bottom????

kuzemko - 15 Jun 2009 12:38 - 175 of 189

repeating myself here for past few weeks. metals keep rising.zinc almost 1700, lead 1800.for MMS that is base plus 30%-40%.still no news on any progress, stock at bottom. I hope Passin and his management team are doing their best to ensure shareholders best interest and MMS.

Still Waiting - 07 Jul 2009 20:32 - 176 of 189

highest volumes for a long, long time today and with RC in Tunisia we may finally be about to get some news..if bad its GAME OVER, if good its a treble bagger.

kuzemko - 07 Jul 2009 22:19 - 177 of 189

i have a feeling its bad. firebird is up to no good, to screw shareholders over, just a feeling

kuzemko - 10 Aug 2009 19:20 - 178 of 189

what are they up to??? no news no updates. joke!!!

kuzemko - 10 Aug 2009 19:21 - 179 of 189

what are they up to??? no news no updates. joke!!!

Still Waiting - 20 Aug 2009 19:26 - 180 of 189

at long last this starts to awake.

added a few more today just incase firebird pull it off...

gl. we deserve it.

marni - 27 Aug 2009 19:21 - 181 of 189

big movement today and high volume........anyone know about this share

Still Waiting - 27 Aug 2009 20:57 - 182 of 189

it's assets are now valued at 20p and with a deal coming up we are now getting noticed...

kuzemko - 27 Aug 2009 21:33 - 183 of 189

still waiting

what do you mean by-"deal coming up"???
yes it's nice to see that MMS is finally trading up with lead and zinc

Still Waiting - 28 Aug 2009 20:44 - 184 of 189

firebird & corporate activity to realise the value of its resource/assets.

20p+ in the ground now...

Still Waiting - 30 Aug 2009 23:16 - 185 of 189

with FT stating lead prices will continue to keep rising due to China cutting production capacity you can see why the MMS assets are valuable.

someone is stake building here, hence the 1m+ trades last week.

Don't be shaken into selling your shares cheaply, there's only 90m in issue and mm's will try hard to get them off you.

PXS style rise coming up here imho.

kuzemko - 09 Sep 2009 19:56 - 186 of 189

it would be nice to hear from directors!!!
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