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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
Comment by traxbywebon Jul 22, 2009 4:42pm
259 Views
Post# 16158149

RE: is this for real ? ... mmmm...

RE: is this for real ? ... mmmm...No idea if this is real or not.   Something has this stock moving.   Rumours...truth I wish I knew.    Anyways still holding my small position from years ago.   The numbers are there .....330,000 oz a year for the next 25 years plus is nothing to sneeze at.   Targeted costs under 200.00!!!!    This thing could generate 180 mil US a year profit for Mundoro.   Not sure what the up front building costs are but I suspect if they ever get a mining license there will be a bidding war for Mundoro.     With a PE of 4X you would have a 20 dollar stock.    In the end my thinking is the Chinese Gov't may consider this gold deposit a strategic reserve or just something to keep in country for a rainy day and may  never let it get mined by a foreign entity.    I just haven't seen a valid argument for the environmental concerns, seems more of an excuse not to let this get mined.    Buyer beware on this one..its a gamble.
Bullboard Posts