KK, My OTCBB pick is MGAU or MG Natural Resources. Call it a technology play, takeover play, gold, silver, platinum, palladium and other PGM's play all rolled into one. It is extremely unusual to have all these attributes rolled into just one company. I consider it a hedge also against one's other equities held as investment.
The Company's Corporate Plan (see below) states a revolutionary extraction technology is being created that will change the ENTIRE precious metals industry completely.
MG has no promotion dept. or PR person. The corresponding lack of what some would call "promotional hype" is probably one reason why this may be the ultimate undiscovered gem of precious metals mining. The directors and management of MG have great backgrounds.
The chairman/president is former Treasurer and Chief Financial Officer of McGraw-Edison Company, a Fortune 500 NYSE listed manufacturer of electrical equipment. Why would an accomplished executive like this become involved in a tiny bulletin board company? Yet another director is an attorney who has taught securities law.
These are not na‹ve businessmen. Perhaps one clue to their involvement lies in the just announced patent the company has just received on some of their mining
technology. The company has also stated additional patents are forthcoming and international patent protection is being filed.
The Company is MG Natural Resources (symbol MGAU). The Company's website is
mg-resources.com.
If MGAU delivers on the 5-10 opt demonstrated in lab results and finalizes the negotiations with world class refiners which have begun, I think you'll begin to agree with me MGAU is an incredible sleeper in the industry.
From MGAU Website mg-resources.com
MGAU Corporate Plan (just first paragraph here!)
MG Natural Resources is inventing and developing new precious metals technologies. It is creating revolutionary gold, silver, and platinum group metal analytic and extraction technology. The Company is creating new forms of ore using these technologies that the Company believes have the potential to alter the economics of the precious metals mining industry. The last technological innovation in the precious metals industry that caused the economics to change, was the development of cyanide heap leaching. The Company has as its greatest asset, the cutting edge gold, silver, and platinum group analytic and extraction intellectual property that has been, and is being developed by Alvin C. Johnson, Ph.D. Dr. Johnson is a Corporate Director, Chief Technical Director and a major shareholder in MG. Management is supporting Dr. Johnson and his laboratory staff in the development of novel approaches to precious metals analytic and extraction processes. To prove out these technologies by establishing profitable precious metals mining operations, MG has adopted a strategic plan. It is set on in the following sequential set of goals, which will be updated from time to time:
|
