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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 > MLG- Should I buy?

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Post by arsenal560 on Jan 15, 2013 11:42am

MLG- Should I buy?

After several weeks of minimal increase, I was wondering if MLG is a great prospect to invest into. If so when do you guys expect to see a sharp increase?

Thanks for any info

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Comment by TELEMARKER on Jan 16, 2013 9:56am

mine shutdown for almost 3 months. Financing to be announced. APT not going up. Not expecting any spike in share price in near future.

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Comment by ruminating on Jan 16, 2013 10:15am

In my opinion MLG does represent a good prospect, but only if you are willing to sit and wait for a bite.... much like fishing from the bank of a lake. Once the SP or W - APT price bobs get ready to set your hook... and be prepared for the fact that you'll have a minnow or monster on the line. MLG has a good history of being able to produce W at a low cost and generate profits when the ...more

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