It is a positive announcement for MMN and should help put a 12c floor under the stock.
My bet is that there is a positive announcement imminent re. the drilling on MMN's Texas prospect.
Incidentally, the price of silver has held up remarkably well and has not followed gold down. Maybe there is substance to the stories of there being a serious silver shortfall in the US.
MMN is definately one to watch.
Cheers, Xerxes_ph