MGO 0.00% 14.0¢ marengo mining limited

Hey, don't get me wrong. I like the stock but I don't think the...

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    Hey, don't get me wrong. I like the stock but I don't think the sp will advance just yet. Stocks like PNA, EQN, TZN much better buys as they are at the stage of post BFS and on way to construction. MGO has too many uncertainties for now. Take a look at their web site and the photos of the terrain. If FNT has problems with Kokoda trail, I am sure there will be issues with MGO and their terrain. That said, am happy to buy on speck at 25 but would sell above 30 ........too many unknowns and PNG is getting worse (now a fourth world country)
 
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Currently unlisted public company.

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