MINCO gold and silver explorer.... the facts

Latest GE&CR report:

'Minco’s shares failed to make significant headway over the past month, despite unveiling a solid set of drill results and a positive update on its various prospects. A total of 2,285 metres of diamond drilling has been completed on the Bilbao deposit since the previous release in late October, for a total of 7,135 metres. A total of four 100 metres step-out holes, have all intersected visible zones of base metal and silver massive sulphide mineralization, extending the known extent of the sulphide deposit over an area of about 225 metres by 300 metres and over thicknesses up to 35 metres.
Minco was floated on AIM in 2001 by serial Irish entrepreneur Dr John Teeling as a play to explore for zinc and, to a lesser extent, gold in Ireland. In July 2003 the all-paper acquisition of Orca Gold passed control of the entity to Roger Turner and Matthew Dorman and shifted the focus of the company to silver exploration in Mexico. Dorman and Teeling are now out and Roger Turner, a safe pair of hands, is now both CEO and Chairman.

These new intersections from the latest set of drill results confirm that mineralisation remains open in depth to the south and along strike to the west. The 5 metre intersection in hole X20 averages 4.95% zinc, 6.01% lead, 0.41% copper and 134 grams per tonne silver, is considered to be particularly important in this regard. Wider spaced drilling outside of the main mineralised zone has demonstrated that mineralisation is widespread within the Bilbao property. The oxide mineralization occurs in two zones, as indicated in drill hole X14, one with a thickness of 17.30 metres averaging 4.09% zinc, 4.05% lead, 0.66% copper and 91grames per tonne silver and a further zone of 7.0 metres thickness averaging 3.42% zinc, 4.10% lead, 0.60% copper and 91grames per tonne silver.

The continuing success of drilling at Bilbao is clearly adding significant potential to the size and extent of the mineralised base metal and silver ore bodies. This in turn has encouraged Minco to embark on a Prefeasibility Study to be completed early in 2007. The initial resource evaluation based on drill results to-date by should be complete early January 2007, ahead of such time, it would not be unsurprising to see buying interest in the shares resume."

So no MAJOR new report as promised. No mention of Laguna and no valuation - pathetic.

SOMEBODY PLEASE GIVE US SOME REAL INFORMATION!!!!