GREY:MLGAF - Post by User
Comment by
goseahawkson Oct 24, 2012 11:06pm
159 Views
Post# 20521036
RE: RE: New to MLG/sp over-reaction to news
RE: RE: New to MLG/sp over-reaction to news StockExpertProDude: I am not a stock expert pro like you but I see great value here. Then again, I am not the standard run-of-the-mill basher such as yourself. The company indicated it expects to restore full power in about a month and return to full production with arrangement of adequate funding. I don't think this will be too big a deal given the profound scarcity of tungsten sources outside of China. Just as with rare earths, which China also dominates in terms of global production, commercial users are scrambling to secure safe ROW sources for their tungsten. I see an excellent potential for an off-take agreement. And it certainly does look like there is plenty of ore and higher grade ore. This is a speculative stock, did you know that? If everything was 100% then it wouldn't be selling for .045 cents. Perhaps it is just too speculative with you and you might be more happy with something like AAPL. How dumb do you think readers of this board are--"devastating news for Malaga and the shareholders"--in your dreams!