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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

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Post by goseahawkson Oct 23, 2012 1:56pm
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Post# 20514612

New to MLG/sp over-reaction to news

New to MLG/sp over-reaction to news

Someone on the GWG board mentioned the collapse of the MLG share price and I did some research.  My clear sense is that this sp drop is a profound over-reaction to temporary bad news.  Over the last two days I opened an initial position in Malaga and have been adding at .05 and under with MLGAF.  I do like the similarities to the rare earths in terms of unreliable China as source and critical need for ROW production.  Will continue to add with any dips.  Did have to contact my broker and have him reroute from Canadian to American OTC to get transaction.

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