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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 knicksmanon May 01, 2012 9:43am
164 Views
Post# 19855782

RE: Underwhelmed

RE: Underwhelmed

Good company and yes it's cheap. But this remains a show me story...it'll need to remain profitable, lower its costs, increase its capacity, and increase its reserves. Management intends to do this...but market wants to see it first. 

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