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



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.

11m at 6p!!

wonder if that is the same guys who bought the other tranche?

If it is and they buy much more they will be into manditory takeover offer territory.

i tried buying via halifax in last 10 mins of day.....eventually came up with buying price and i clicked the deal button.....but then page came up about getting assistance with a halifax number.

i hate halifax. cant wait to change my bank account into a proper scottish bank as hbos aint scottish any more.

this sort of thing with buying shares has happened at least twice now this year.....halifax gave me a price for one after i bought where price was much higher than what i clicked on and the price never reached the price which i was given.

suffice to say i never got mms shares.

probably by tomorrow at 7am.....when none of us can buy......the sp will rocket to 25.....thats the sort of luck i get in life

scotinvestor
Or 3p Happy Days.

If they hit 25 each I'll buy you a drink myself.

:)

some sort of corporate activity maybe about to happen.

nearly 20% of co. traded so far, a bit high for just a passive investment.

possible j.v???

Certainly more to this than meets the eye I think.

Newsflow tomorrow and/or next week should tell us more.

i tried buying today, only got just over 10,000 shares as wasnt allowed any more as i tried higher amounts

anyway at least i have a small holding which will give me some interest

Could this be the reason for a delay in the news we are all awaiting on resource estimates, maybe two pieces of news will be announced at the same time, hence the delay?

:)

increase in stake RNS out today.

just need a positive statement from the co. now to get this moving.

Should be out next week SW.

Very much looking forward to it.

hi I was reading old posts from 04 back then investors were valuing mms 20p-30p???

Recent events in mms sstory to BEM.it looks like there is a demand.BEM shoot up we could expect the same story with mms

Yep - spotted that too kuzemko.

2 weeks ago I was told announcement expected within 2 weeks. I'll give it til Monday but if there's no news by the afternoon i'll get onto Jane Hywood again.

yes,mms has been digging for a while now.lot of hard work behind them.so now its a time for predator to come along.24%stake not to far off.this is very good sign .mms must be sitting on nice minerals...let's hope we hear some pos news next week and see some success -risk in the price