MGO 0.00% 14.0¢ marengo mining limited

35 billion dollar resource. 50m market cap., page-7

  1. smm
    550 Posts.
    im interested in other people opinions on this one. i believe this is so clearly undervalued that i have invested all i can afford at present. about $400k.

    i see that this project will surely be in production at some stage in the next 2 years and will be extremely profitable and have an extremely long mine life even at the long term Cu price of around $2/lb.

    Check out the background of Mr Dunnet. One of the original Paladin guys. Plenty of experience in getting large projects off the ground.
 
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Currently unlisted public company.

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