Activities in relation to project feasibility and development are ongoing and the Company is continuing to work towards completion of pre-feasibility work by mid 2006 and completion of a bankable feasibility study in 2007".
COMMENT: At the rate the Gold inventory is increasing, there will be some interest by Majors, I think.
Some of the Biggies operate in Central/North Africa and are constantly looking to replace the gold they have produced.
They even stop to look at a Jorc estimate of 2 mill ounces; so how about 12-15 mill ounces?
MGL (MOTO) to trade tonight in Toronto.
Gerry Readers, please do your own research and you decide if and when to buy, hold or sell any stocks.
MOE Price at posting:
0.0¢ Sentiment: None Disclosure: Held