MYL 0.00% 7.0¢ myanmar metals limited

Next opportunity for a bump., page-114

  1. 551 Posts.
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    The grade Ivanhoe just put out last month for Kupushi was stunning, 35.03% Zn

    The same for Kamoa - Kakula last year. 6%+ Cu. However these mines are in the Democratic Republic of Congo

    Grade is king, and there are some great grades in Afghanistan, but, there is sometimes a trade off between grade and uncertainty. I think miners have to live with higher uncertainty as all the great deposits in stable jurisdictions have been at least found, if not exhausted.

    I think the difference on whether you make a buck or not, comes down to the management. If they are prepared to bribe officials, i think they are prepared to rob their own shareholders, one way or another. If they are open and transparent, then that's a good sign, especially with good deposits

    I like MYL, so too Ivanhoe and Turquoise Hill. Copper and Zinc are going to be in heavy demand in the next 30 years
 
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