from the Australian:...

from the Australian: http://www.theaustralian.news.com.au/story/0,25197,23680697-5005200,00.html

Mundo Minerals (MUN)

Eagle Research Advisory

Speculative Buy

Target share price: $1.20

Last traded: 74.5c

THERE are fewer folk out in research-land who do as much homework on a particular stock as Keith Goode. His first report on Mundo Minerals is no exception. "Mundo has established its South American projects using its extremely experienced management team, ex-Anglogold, ex-WMC South America or ex-Sao Bento (Goldfields, for the mining side)," he writes. "The management has focused on historical gold fields in politically stable countries (Brazil and Peru), near to towns and roads (to reduce infrastructure costs, and have labour), and no malarial mosquitoes (for less health risk)." Mundo recently commissioned the first gold production from its Engenho project on May 1 and will target an annual production rate there of up to 60,000 ounces a year. At the Torrecillas mine in southern Peru, Mundo is eyeing up to 70,000 ounces a year and 110,000 ounces annually from the Tocantins project in central Brazil. It is little wonder then that Goode labels Mundo a "growth story".

Good luck to all holders.