big buyer, page-24

MGO seldom releases resource upgrades, and when it does, it's usually a great news. The previous resource upgrade news confirmed 32% increase in resources.

With a lot of in-fill drilling that they've been doing over the year, I believe that this next resource upgrade will be basically moving inferred resource to indicated and indicated ones to measured resource. This will certainly push it higher up the ranks in terms of amount of resources in the ground.

With the constant news of Euro and American economy blues, MGO will prove to be a better and safer investment compared to many other speculative stocks because it has massive JORC-compliant resource in the ground. A re-rating of this stock is definitely imminent.

Looking forward to the 30s soon!