MGO marengo mining limited
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low forcast in copper production

  1. Hotash
    39 Posts.
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    17/05/12
    22:23
    Post #: 10191085
    in light of Global turmoil at the moment copper still seems to be tight to some

    http://www.bloomberg.com/news/2012-05-16/xstrata-60-billion-philippine-mine-may-stumble-at-church-s-door.html

    Sadly current MGO price would look very attractive to a big miner with cash in the bank, OZL/RIO/Xstrata? but think and hope the big investors would play hardball.....




    MGO Price at posting: 19.0¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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