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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 Dec 02, 2006 12:59pm
358 Views
Post# 11792892

Mundoro will create 2000 jobs...

Mundoro will create 2000 jobs... When I last talked to Mundoro's PR guy, he mentioned that when Mundoro's mine is up and running , they will have created over 2000 jobs in the local economy. This is one of the major reasons why the chinese government want foreign investment in their natural resources, it literally means billions of dollars of foreign currency entering China for many years to come, and this is what makes an economy grow and what creates a ton of new jobs for chinese nationals. The Chinese need companies like Mundoro to develop these low-grade mines, because frankly, the chinese do not have the know-how and the technology to do it themselves. If Mundoro is smart, they will never let the chinese know the more technical aspects of mining the gold and thus ensure themselves and us shareholders that the chinese could never seize the mine and run it themselves. This would be Mundoro's ace in their sleeve and our insurance against the illegal seizure of the mine. Eventually, the chinese will figure it out, as they are very smart people, but it will take many years for that to happen. JMHO
Bullboard Posts