MGO marengo mining limited
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re: Ann: Further High Grade Copper-Moly-Gold ... I would think...

  1. wobbybait
    183 Posts.
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    17/10/12
    15:38
    Post #: 10872634
    re: Ann: Further High Grade Copper-Moly-Gold ... I would think if the DFS was looking strong before these results, then they may just make reference to extending the life of the mine. If the DFS was looking marginal at current or lower cu prices then these higher grades would help sharpen the bottom line a bit.

    If I had to guess, I'd go with the former.
    MGO Price at posting: 16.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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