MGO marengo mining limited

18 billion dollar copper molybdenum resource

  1. 5,331 Posts.

    having a good run today after the release of the quarterly report updated resource statement due in the middle of may and pre-feasibility finished by june. Already sitting on a $18 billion resource with plenty of upside potential barely scratched the surface with modern exploration.

    With the supply concerns around Molybdenum at the moment could have some serious upside once the resource upgrade is announced.

    Also due to list on the Canadian stock exchange in the next 12 months this has seen some companies share prices rapidly increase with the extra exposure.

    With previous BHP exploration outlining resources of over 1 billion tonnes of ore this is a monster project with massive upside potential.
 
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Currently unlisted public company.

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