Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: Claude Cormier who wrote (37917)	4/10/2007 12:26:17 PM
From: TrueScouse	Read Replies (2) \| Respond to of 78419

CC: Thanks re MVG. I've just opened a position again in Mundoro (MUN), which on a cap per ounce basis is even cheaper than MVG -- less than $10/oz. This is a higher risk though because they are waiting for the renewal of their business license in China on the Maoling project. They seem to be making good progress though, and Maoling is certainly a world class deposit. I did well on MUN a couple of year ago but then got out when it ran into regulatory problems, but I think there's a good chance they'll resolve this in 2007 -- especially with others such as Eldorado now pouring gold in China. If so, this is a 4- or 5-bagger at least. If not, I don't think it can go much lower than here! So moderate risk, high potential reward IMO. I've put less than 2% of my PF into this. Everyone should do their own DD. Best regards, Howy