MGO marengo mining limited

ferrets stock to watch: marengo mining ltd, page-17

  1. 2,215 Posts.
    re: huuuuuuuuuge copper resource : tiny mkt cap There is a lot of concern that the depth of PMHs deposit and low grade may make it uneconomic - not so with PMH.

    Imo they are both economic at these prices, but need to be compared to their peers to see how they would stack up at lower Cu prices. After all there is a large up-front investment to get either up and running.

    In any case I'm not so sceptical of PMH as others, but still think that MGO has the edge in several areas (depth, grade and exploration prospects).
 
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