quarterly reports, page-10

bund1234 - the Dec-2010 Activities Report does indeed suggest the DFS will not be completed by 31-Mar-2011. And yes that could result in some shareholders getting antsy and selling out.

However it does not change the fundamentals that will make MGO a successful large copper producer. The combination of a large proven resource (with substantial acreage still to be explored), a well connected (potential I acknowledge) stratgeic partner (NFS) and savvy substantial shareholders (Soros and Sentient) is potent and substantially derisks the project.

Its also worth noting that Paradigm Capital, an independant research house have a price target of $0.50 on MGO.

I'm holding my MGO in anticipation of the SP continuing its march higher based on fundamentals already in place.