MGO marengo mining limited

How often does a fund like Soros invest into junior companies....

  1. 926 Posts.
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    How often does a fund like Soros invest into junior companies. It is usually seen as a macro hedge fund placing bets on large themes. For their team to make an assessment on MGO and decide that it is worthy of investing into albeit a small amount. To get onto their radar screen is a solid vote of confidence. I attended an MGO presentation in Melbourne and was impressed with the advancement of the project and the people involved. It is being viewed as the next Ok Tedi and will find some interest from its neighbours such as Barrick and the operators of Porgera
    R
 
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