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Bullboard - Stock Discussion Forum Malaga Inc MLGAF

Metals & Mining Industrial Metals & Minerals
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

GREY:MLGAF - Post Discussion

Malaga Inc > Not impressed
View:
Post by BoursesInvestir on Dec 18, 2012 9:35am

Not impressed

I'm really not impressed about the management here. I try to stay confident but management are not able to give us news about what is happening into a reasonable time. We all know we are not in the best position. We were told they will restart production in beginning of December we are now close to beginning of January. I'm assuming they all take vacation during christmass time. So no big news coming soon. Hoping to get very good news in January.
Comment by Tentops1 on Dec 18, 2012 2:52pm
i must concurr.  I put only a small bet on this stock looling for a bounce back after they fixed the power problem and resumed mining  but  it is not looking good.  I think we can only hope now that the power problems is  repaired BUT that they are working on a deal for enough funding to get them down to the higher end ore .   After all the CEO did say they ...more  
Malaga Inc