MGO 0.00% 14.0¢ marengo mining limited

pathetic australian investors, page-33

  1. 2,086 Posts.
    Mack67....

    My whole point in posting that list was to outline exactly what Wiza had said after my initial post....that there are many other deposits globally that will be developed before MGO ever gets the nod.....Market cap means nothing if no-one is willing to put up the money to develop it, and after all, Yandera is a known deposit, and has been for a very long time, yet it has remains undeveloped, and in my humble opinion only, it will remain as such....but, to each their own....and I hope this works out for you and other MGO investors.

    In the end, only a BFS when viewed in conjunction with other factors, such as future economic outlooks and other risk factors, will determine whether anyone will be willing to put the money up for development.



 
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