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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: Claude Cormier who wrote (310580)7/27/2025 9:01:15 AM
From: ogi2 Recommendations

Recommended By
Anchan
jazzlover2

  Read Replies (1) | Respond to of 312244
 
Many here like NGEX for good reasons. Very little comment here about Mogotes Metals, MOG.v who are on trend with NGEX and share a border with Lundin/BHP multi billion takeover of FILO DEL SOL.

Recently have consolidated their land ownership to 100% added a parcel directly on trend and across from Filo De Sol and have been methodically pursuing an exploration program of groundwork and extensive geophysics in preparation for drilling this spring Sept/Oct? . As at February they had about $ 7.5 million cash on hand , that combined with a recently completed PP of $22 million should provide a couple years of drilling capability. That PP also brought a powerful and influential Argentine business family in to the picture as they took down $9 million of the PP. As MOG has the same geology, same/similar geophysical signatures as both NGEX and Filo Del Sol, with positive sample results. I think Mog is a very good speculation that their property is a continuation of the trend. There should be some more results from all the recent ground work and I expect that should prompt an updated Corporate presentation. Not long to wait until the drills turn.

My one negative is a bit of a sloppy bloated share structure, but a lot is tightly held and I think success will rationalize the share float. A rare risk reward opportunity IMO.

Well worth an investor's DD.

mogotesmetals.com