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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 18, 2012 6:12pm
189 Views
Post# 20500529

RE: RE: downward price...

RE: RE: downward price...

 

Like Malaga...what goes down must go up just like North American Tungsten Woulfe Mining and others. That said...Dynacor's shares sold for exploration and increased expansions for their tungsten mine which will bring the best added value for all shareholders and company revenues in the near future. The restricted million Dynacor shares that come due in November will put a good chunk of cash if sold for mine development and hydro expansion as well. Talking about what goes down must go up....have you seen Dynacor's share price lately!  Again...I see the other tungsten companies with well over 250 and 350 million shares and at near lows as well! Malaga will do fine because they are making money with under 200 million shares.  That being said...they are also the lowest cost tungsten producer around. Myself...I see no share consolidation and that`s in my opinion. 
 
Cheers!
 
masspower      

 

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