MGO marengo mining limited

(jacobmoore) If you want to get excited about a copper stock...

  1. 94 Posts.
    (jacobmoore) If you want to get excited about a copper stock compare the two, using your figures for AVB -

    AVB - 145.2 million lbs of copper.
    Equates to $580 mil of copper.

    MGO - 6.5 BILLION LBS OF COPPER.
    Equates to $26 billion, or $26 per share.

    AVB - $20 mil cash
    MGO - $71 mil cash aprox

    Add to this 204 mil lbs of moly, worth at todays prices, another $3 billion

    CAN'T WAIT FOR THEM TO GO MINING!! YIPPEE
 
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