views on this stock - nickel/gold?, page-2

MPM must be one of the best junior mining stocks available at current prices. I bought some at the listing around 48 cents so it is pleasing to see the stock recover towards that level after completion of the placement.

Interesting to note that JBM has become a significant shareholder - they would be able to assesss some of the high grade intersections made in the Black Swan mine. This mine could be not only rich but also long lived as the deposit seems to persist at depth.

There are two gold mines and a nickel mine in the company + resources + exploration. The value of the sunk capital in the operating mines must be significant.

The company is spinning off cash and will have a P/E. I am not sure why MPM has such a low profile but it has very competent and honest management.

Certainly one to investigate.