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.

nice, mms looks to be a very good long term investment. did top up little and will hold on!

few buyers around. for few weeks now,there been few ok buys on odd days.

this is from FT-opinions from few dirr sources,current drop in consumption and prices is a short term blip.over med-term analysts feel bullish on energy commoditiesand iron ore. both are badly needed in china and india and other emerging countries to build infrastructure. world has not discovered new oil fields or mines, nor have record high production cost plunged. it is important not to lose sight of long-term picture.one of the reason for a consumption slow down was due to the olympics in china, where lot of factories and construction were closed.
-IMF, agrees with that view, warning in a recent report that many fundamental forces behind the price surge-particulary eemerging countries robust demand and supply-are still at work and are keeping price high in the absence of a sharp global downturn.as soon as consumption recovers prices will increase again!!!

not much happening here lately!!!
does anyone know when is the fes/studies report due?by the experts

"Mid October" ie now..

executives,analysts and bankers agree that the commodities boom is not dead yet.in addition the current period of low pricescould delay project in china and the rest.meaning that supply in future will be lower than forecast. hopefully mms by then will ready to start producing and selling!!!

Good article on Maghreb on the Minesite website.

Titled "Maghreb Minerals Wont Have Much Longer To Wait For Its All-Singing, All-Dancing Report On The Gite De LEst Project"

still in it havent sold. any good news will be welcome.
we had good rebound in lead and zinc prices.everyday you read FT all the analyst predic big rebounce in commodities and metal prices.lets hope mms stays on track and focused, and when this storm is over they be ready to produce some goods!

Minesite article well worth a read kuzemko. You may have to register.

thank you. i'll check it out.

martinl2,
thanx for that i did register and read the report. sounds like the management is tackling the current weather.shows mms has competent people. i bought some more shares and willing to go long term.

Superb news this morning..

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

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

Wow.

finally coming alive.

Passin in San Francisco, news to follow tomorrow perhaps?

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

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

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


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

any speculations???

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