MMN has obviously had a significant boost of late given in part silver showing life. But how many non-AVL holders now that AVL also has high leverage to silver? the March 2002 HP report on MMN suggest that the current drilling program could raise Ag reserves to 6 million recoverable oz. AVL currently has (based on 70% recovery) reserves of about 9 million recoverable oz - this because it has a grade of about 290 g/t. Of course, Ag only a by product. Ag plus Cu, the contained metal grade is about 17 g/t Au.
