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Malaga Inc MLGAF

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

Comment by ddpritchardon Mar 28, 2012 3:16pm
172 Views
Post# 19729544

RE: RE: RE: RE: RE: Don't get it.

RE: RE: RE: RE: RE: Don't get it.

Please note comment from todays release regarding increas in production....

"Malaga has also undertaken extensive underground development to increase the quantity of its tungsten ore sent to the mill. Through 2011, 4,827 meters of underground development work was completed. The Company plans to continue the program in 2012 with the objective of reaching the full mill production capacity of 500 tonnes per day (tpd) in 2013."

i am long MLG, DDP

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