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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 > I get the feeling ...
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Comment by Puzzzzledon May 03, 2012 11:52am
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Post# 19866546

RE: RE: I get the feeling ...

RE: RE: I get the feeling ...

The point about price being controlled soley by market influence is partially correct.  Promotion by the company too can play a role and in that regard I believe Malaga has been making a decent attempt at doing that.  It will be most interesting to see the Q1 results.

Good point you raised about natianalizatoin, I thought about that too and it is no doubt an important issue.

Bottomline - I just do not see this as being a 13cent per share stock.  Even exploratoin companies, with no profit history, are selling for more than that.

I remain puzzled....

 

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