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Malaga Inc MLGAF

Metals & Mining Industrial Metals & Minerals
Malaga Inc. is a mining company. The company, through its subsidiaries operates tungsten mine and gold plant with mining and exploration activities focused in Peru. The operations, exploration and development activities on the Pasto Bueno Property are located in the Ancash Department, Central Peru. The company also owns and operates in a hydroelectric asset. The company owns 100% of the property, including all surface rights. The company processes the ore from its own mine.


GREY:MLGAF - Post by User

Malaga Inc > Nice production and sell price
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Comment by sirsavvyon Jan 17, 2011 8:38pm
426 Views
Post# 17986895

RE: RE: Nice production and sell price

RE: RE: Nice production and sell priceNo offence but I didn't take this as good news and neither did the market.
Last minutes sales brought this up from a bad day.
Went as low as .26 on the news. This company says everywhere that they were supposed to be profitabe in Q4 (which was already delayed). Now they are not profitable until 2011.
A bit frustrating and management needs to get their act in gear.
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