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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 velkyon Mar 06, 2013 8:54pm
248 Views
Post# 21091149

RE: We need a financing & production Update!

RE: We need a financing & production Update!

Q4 Earnings release is due March 25, Management Discussions and Analysis will follow.

Did anyone attend PDAC and go to their booth?  It would be nice to hear from Mr. Monet directly.

 

All of their liabilites totalled up is around ~$ 16million, their market cap today is $6.4million.  In a worst case scenario where they had to sell the Pasto Bueno property, does anyone think it is worth less than $25 million?

Better to take time getting good financing, than doing a huge dilution at very depressed levels.

 

Institute Hold'gs: 54.20% (as of 01/12/12)
Bought Prev 3 Mo: 18.05 m
Sold Prev 3 Mo: 4.72 m
Total Held: 84.64 m
Institutions: 5

 

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