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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
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Post by mbonikowon Mar 02, 2012 10:54am
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Post# 19617357

Upcoming Quarter

Upcoming Quarter

Looks like NTC reported today great quarter with production up and all metrics across the board up. Looks like they are firing on all cylinders:

https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aNTC-1932818&symbol=NTC&region=C

Malaga should be coming out with numbers soon. Given the recent info on this board looks like

Q4 will be 20% lower in production than Q3.

Tungsten average price for the Q3 was $454 as in the Q3 release.

Tungsten price for the last 3-4 months around $330 so about 10% lower then they sold in the previous quarter.

Anyone run the calculations with the lower production for Q4 and slightly lower Tungsten price?

I am calculating slight loss for the quarter, around .5M to slight gain of .3M, anyone else?

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