Moto Goldmines a "bright and golden shiny star" in financial world?
LimesInvestor recommends to its investors to go on staying in Moto Goldmines (MGL.TO)and to add shares, if MGL is back setting. (LI) reminds its investors that MGL is strongly undervalued - current sp 3.32 CAD - (Net Asset VALUE /Share Haywood Research outperform 6.60 CAD)
Moto has taken part successfully at " Indaba", an important miningfair in Capetown. Now Moto will also take part in " Global Metals & Mining Conference" in Florida from from 23rd. - 25th of February. It is one of the most important mining-conferences in the world, as well for institutional investors as for Exploration and Mining Companies. Organizer is BMO Capital Markets.
Further on Moto is going to the "PDAC" in Toronto from the 1st. - 4th. of March, another important fair for the mining sector too, and Moto sets a further milestone in North America for its profile and will convince investors for a good investment.
LimesInvestor (an international private Investor Club) expects now the final JV-signing and thus the announced receipt of the mining licenses, necessary for further developments, the optimization of the underground study and the publication of schedules for the further development to one of the biggest gold mines, which will lift up NAV/Share. It points out that only part of the area of 1841 qkm is explored! However, also a takeover would be no surprise, as long as no offer is presented it is not discussable!
(LI_athaos/os 02/22/09) (Publications are allowed and free, if text will be published completely)
MOE Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
