Malaga Inc MLGAF

Malaga's investment in Dynacor

[dontknowmuch]

Malaga Inc. Notes to the condensed interim consolidated financial statements September 30, 2011 and 2010 (Unaudited; Expressed in US dollars except where otherwise indicated) 10

7. Investments in Associates (cont’d)

Investment in Dynacor

As at September 30, 2011, the Company owned 2,884,726 (3,553,426 at December 31, 2010) common shares or 8.1% (10.2% at December 31, 2010) of Dynacor.

Dynacor’s Gold production surpasses 46,000 ounces in 2011

https://www.mining.com/2012/01/26/dynacors-gold-production-surpasses-46000-ounces-in-2011/

[cowpoke1]

      No matter how much is bought at .105 there is always more on the ask

[cowpoke1]

      No matter how much is bought at .105 there is always more on the ask

[noleafclover]

I noticed that as well.  Today I bought 100,000 shares at .105.  At the time I placed the order, there were only about 40,000 shares at the ask, so I thought I would have to wait for a while....not, the order was filled immediately.  Seems like someone has a truck-load to sell and willing to part at .105 but not .10.  I'm amazed at the heavy volume but zero movement. It can

[cowpoke1]

            Someone really wants out of this. Am I missing something, profitably last quarter and should be again this quarter.

[noleafclover]

cowpoke, my guess is a large investor is liquidating to take the loss and put money in other opportunities. I'm buying at these levels because I think it's a good opportunity considering the news coming out of China, as they restrict exports for their own consumption.

[mbonikow]

There is only one majority holder of over 10% in this stock, Capital Resource from Denver. According to Sedi they are staying put with their 36M shares.  There has been only ONE seller of shares in the last month.  This monkey on the offer has  cleared close to 20M shares which is around 10% of the float. I see no disclosure of any type, which means this guy is in violation of