MGO marengo mining limited

Appears from the new investor presentation released today that...

  1. 181 Posts.
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    Appears from the new investor presentation released today that MD may once again be in Canada presenting the MGO story to brokers and potential investors as the presentation talks in terms of CDN $ and provides comparisons of TSX listed companies and their enterprise value.

    It also highlights that the median value apportioned to these companies is .0214 CDN cents per pound of copper equivalent in the ground. Given MGO's resource of 6.583 bil pounds this equates to an enterprise value of approx 140 mil CDN - way below the current 36 mil CDN enterprise value.

    Huge upside potential with PFS due next couple of weeks and TSX listing just months away. MGO at least $1.00 by years end imo. MGOO's offer exceptional leverage at 17.5c.

    DYOR

    Regards

    Danash
 
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