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Mundoro Capital Inc V.MUN

Alternate Symbol(s):  MUNMF

Mundoro Capital Inc. is a Canada-based company with a portfolio of mineral properties focused primarily on base and precious metals. It is a royalty generator with a portfolio of projects focused on base metal and precious metal properties. It has a portfolio of mineral properties focused on copper and gold systems in Serbia, Bulgaria and the United States of America. Its portfolio of mineral properties is focused on predominantly copper in two mineral districts: Western Tethyan Belt in Eastern Europe and the Laramide Belt in the southwest United States of America. The Company holds through its Serbian subsidiaries, the following 100%-owned exploration licenses: Crvena Zemlja, Padina, Odej, Bobot, Odej South, Gramada, Oblez, Skorusa, Branik, Kotlenik (GT7), Ponor, Vitanovac, Trstenik, Lipovica, and Orlovac. These properties are located in Northeastern Serbia, east of Belgrade, and are primarily within the well-known Timok Magmatic Complex, a segment of the Tethyan Metallogenic Belt.


TSXV:MUN - Post by User

Bullboard Posts
Post by rich9on Apr 17, 2006 10:47pm
336 Views
Post# 10682584

drilling

drilling When I spoke to the company in late february, they said that they were planning to start drilling in April or May. Now, exactly what that meant I'm not sure. Was the drilling schedule pushed forward, because of the lack of a license? Or are they still on schedule, for now? Who knows? Well at least the 25 million bucks is earning interest in the mean-time. It's now almost 8 months since the license was not re-newed....I would be worried if this was the only foreign Mining company to have delays with the government...but it's not and it seems like all the others have eventually received their permits...so why should this be any different? ... However, it is starting to get long in the tooth...
Bullboard Posts