re: Ann: March 2011 Qrtly Activities and Cash...
tcisboss, I might add, "this is why I have recently bought in"!!
To me MGK seem to be at the bottom, price wise, and hold so much potential, 20m @ 7.2g/ton Au looks like a likely candidate for development...perhaps by another, and those ironsands at Amazon appear to be a valuable asset.
No mention in the report of Manaus Island which was the prospect that first drew my attention to this under-rated company.
As with all developing resource stocks patience will be needed here. But it looks like the foundations are in place.
all IMHO
Regards
Pixby
MGK Price at posting:
2.1¢ Sentiment: LT Buy Disclosure: Held