Introduction of Mines Management and its Vast Montanore Silver-Copper Project
Kicking off what promises to be an exciting interview year at Smallcaps.us, we’ve recently sat down with Mr. Douglas Dobbs, Vice President of Corporate Finance and Development at Mines Management Inc. (MGN – $2.03). The Company, which is listed on the Toronto Stock Exchange under ticker symbol MGT and on the New York Stock Exchange AMEX market under ticker symbol MGN, has turned more than a few heads with its substantial Montanore Silver-Copper project in Northwest Montana.
In our interview, we follow along with Mr. Dobbs as he describes the Company’s recent activities as well as its plans for the future.
Mr. Dobbs gives us a healthy dose of decision-driving information, from resource estimates of over 200 million ounces of silver and approximately 1.7 billion pounds of copper to a breakdown of the expected costs involved in bringing the Montanore project to production.
Investors find out why Mr. Dobbs is enthusiastic about prospects for Company financing, and can also get a clear picture of Mines Management’s executive team and its background.
Mr. Dobbs shares his interesting views on today’s commodities market and he rounds out the interview by making a case for investing in his Company while, he suggests, the stock price is undervalued.
Our interview is available in a convenient transcript format and you can listen to our interview with Mr. Dobbs by clicking the play button on the media player below. We’d love to hear your comments or questions.
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Interesting interview, shows the l-o-n-g development cycle needed for major assets to become a producing mine, something that many retail investors do not fully appreciate.
For the record, I am a shareholder in Geologix Explorations, Kiska Metals Corp. and Soltoro and more recently Oroco Resource Corp. and also have Globex Mining on my Watch List along with Mines Management. Will probably purchase the latter two as funds are freed up from other stocks I cash in as they reach my profit thresholds. Also on my watch lists are Esperanza Resources & Stronghold Metals, among many others.