MIC michelago limited

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  1. 22,691 Posts.
    re: hello stolwyk/arthur Hi Arthur,

    That will be somewhat difficult till we get the latest MIC strategic moves into place in China.

    Their aim would be to mine 300k ounces yearly and not too long ago they were talking about 200k ounces.

    I am going to have a look after the General meeting which has to approve the latest acquisitions.

    The Organisational chart in China could still do with some more refining. This year it is a matter of Corporate aquisitions and drilling in the meantime.

    I have great respect for the way they simplify the structures with the approval of the Chinese.

    It is too early to talk about a premium in the share price as sofar their acquisitions have not been that expensive IMHO.

    Sorry, I can't help you,

    Gerry
    Readers, please do your own research and you decide if and when to buy, hold or sell any stocks.

    MIC info:
    http://www.hotcopper.com.au/post_thread.asp?fid=1&tid=75301#199085
 
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