MGO marengo mining limited
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copper still over $4 a lb

  1. Matteomc
    968 Posts.
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    10/08/11
    09:40
    Post #: 8800907
    With all the doom and gloom copper remains only about 10% off it's all time high.

    By my calculations once you deduct their $57 M cash at this shareprice 17.5c their copper resource is currently valued at $0.016 per lb.

    Massive upside here folks
    MGO Price at posting: 17.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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