The most recent report stated MGX has stepped up thier critical examination of options, including field visits.
MGX's options are not limited to aquisitions, but may include mergers and / or further developmet of current assets, such as Tallering Peak where farm in exploration continues, Koolan South on the mainland where some preliminary exploration has taken place, or on Koolan Island.
The most latest announcement in January stated Koolan LOM of 3 years (that is under the current mine plan). Mine plans are always continuously under review and can change. Previous CEO, Jim Beyer, who examined mini underground, stated Koolan could have a LOM of decades.
MGX Price at posting:
50.5¢ Sentiment: Buy Disclosure: Held
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