RE: Trading below book value Nothing is up with this stock. It's thinly traded and then a seller shows up with 10% of the float and decided to lean on it.
Why? Who cares, probably the same idiot who was buying Sino Forest at it's high...
If this was a smart seller should he be selling at 10 cents which is a historic low? Where was he when it was printing 30 cents? Please sign me up to his stock picking newsletter...
Malaga is a producing mine with 100 years of track record, mining from only from 5 veins with many left untouched.
Offtake agreement with one of world largest tungsten reprocessors.
One of the smartest mining private funds on board as private investors at 15 cents.
Tungsten is classified as more rare then Rare Earths :) held up better than gold past year.
This is not rocket science. At 11 cents it's a bargain thanks to some idiot who wanted to bail out.