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Mangazeya Mining Ltd WHTGF

Mangazeya Mining Ltd is engaged in mineral exploration, development and production with a strategic focus on mineral properties in the Russian Federation with demonstrated potential for hosting economic mineral deposits consisting primarily of gold. The company's projects include Savkinskoye Deposit, Nasedkino gold ore, Zolinsko-Arkiinskaya, and Koryakmining. All of the company's revenues are derived from operations in the Russian Federation.


GREY:WHTGF - Post by User

Bullboard Posts
Comment by billbobon Dec 19, 2016 1:56pm
182 Views
Post# 25620392

RE:RE:RE:RE:Difinite Consolidation stock here!

RE:RE:RE:RE:Difinite Consolidation stock here!Agree totally glory. The only question i have is why a producing gold minor with an all in cost of getting gold out of the ground is approx. half of the price of the commodity on the open markets , is setting at 2cents. the only thing i can think of is the shares outstanding in play sitting at 1.29billion not  million. Alot of investors are afraid like myself to invest here because of a massive dilution that is on the horizen. ive seen companies with shares outstanding a third of that number dilute over 200 to 1. Scary to say the least. however just my own opinion. good luck.
Bullboard Posts