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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... see more

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Malaga Inc > Mind - boggling

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Post by Fastlane2 on Sep 04, 2012 4:24pm

Mind - boggling

I can't believe the volume and new 52 week low today, what the heck is going on with this company. There is no way the street thinks the third quarter is going to suck. If Malaga is not on some other companies radar for an acquisition I would be surprised, unless management is seen as a bunch of morons...Tungsten company going for .10 a share? Mind-boggling indeed. GL.

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Comment by masspower on Sep 05, 2012 1:06am

Fastlane Ten cents a share...should be like 29 cents a share! THE PRICE IS LIKE STEALING CANDY FROM A BABY... Malaga has a 13 percent interest also in Dynacor gold mines. That said....has anybody seen the price movement on what DNO has done lately! Same bunch of people and were next in line...Malaga is a NOW Tungsten producer and ...more

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Comment by Fastlane2 on Sep 05, 2012 6:37am

I can't argue with you, your right. I have been following Malaga for awhile and my dollar cost average is .13 but before diving back in for some cheap shares I wanted to find some clues, I just can't find a reason why the stock is sub a dollar, never mind .10 Institutions own 65% of the stock, even more mind-boggling. Malaga has so much going for it, it is a no brainer. GL.

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Malaga Inc