uranium giant: pdn spin off., page-6

re: pdn spin off.. As I understand it, the Bowgan project NT targeting uranium amongst other metals is due to be drilled 2nd 1/2 2005. One of the directors of MGO used to be the chairman of Paladin so I assume he would have a great deal of expertise in setting up a quality uranium mine. I imagine there is still a lot of cross pollination between Paladin and Marengo given that MGO is a spin off company from PDN. MGO seems to have all the same hallmarks as PDN did when I bought into it in 2000. It was 5 years before the investment came to fruition but it sure was worth the wait. I am hoping MGO will go the same way and I am prepared to wait.

My opinion only and please read the disclaimer.

Cheers,

I hold MGO