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Mosquito Consolidated Gold Mines Limited V.MSQ



TSXV:MSQ - Post by User

Comment by junior_mineron Feb 09, 2009 3:01am
284 Views
Post# 15762871

RE: RE: MSQ is out classing the rest!!

RE: RE: MSQ is out classing the rest!!Don't understand your logic.

Even if you can get producers for peanuts, the valuation gap between them and pre-production plays has got wider. Those producers that aren't especially low cost or don't have strong balance sheet are in danger to go BK. Many pre-production companies without work commitments can cease development and hibernate over this recession. They are safer!

Comparing one of the world's biggest and very low cost moly deposit to some puny nat gas producer doesn't make much sense either.
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