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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 masspoweron Oct 03, 2012 2:36pm
191 Views
Post# 20443723

RE: RE: RE: UNDERVALUED!

RE: RE: RE: UNDERVALUED!

panhandlephilli

I think your question is for me...first all i'm not a insider and cannot answer that. One thing for certain is that insiders were buying in the public market earlier this year and also I have been in other stocks that were undervalued with no insider activity at all. Malaga is a NOW tungsten producer with a huge deposit and a long mine life along with high tungsten price forecasts in the foreseeable future.  They are now working on many expansion like bringing the mill to 500+tpd and construction of a new pilot plant to recover more tailings to increase output...also with the new future expansion of the hydropower plant and selling the surplus to the national grid for extra added shareholder value.  I think you know about most on what I'm saying here...I've seen you post here before from time to time.  A question for you...in your opinion is Malaga overvalued or undervalued at this price level?

Long and Strong 

masspower

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