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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 Jul 11, 2006 7:15pm
259 Views
Post# 11090479

Perfect timing

Perfect timing It looks like Mundoro will probably get their business/mining license problem sorted out, just in time to take advantage of the next up-leg in the gold stocks. Don't forget, they have a good 9 million ounces and counting and are a significantly superior gold play (Political risk notwithstanding), than 98% of junior gold companies out there. So once this license disaster is behind them, it will be interesting to see how high this company goes. The size of the deposit may turn out to be in the 15 million ounce range. A major, might take it out sooner than we think.
Bullboard Posts