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Mining Global Inc. MNGG
Posted On: 11/02/2014 1:52:20 PM
Post# of 12259
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Posted By: smartmoney
Re: GoldStandardStill #2735
Agreed processing at Congress needs to resume right away immediately, the amount of tailings the company was pulling from that mine was impressive imo. However, we can't rush the government - and that seems to be the holdback here. Nevertheless, if the Ghana mine turns out to be profitable and that asset can be mined for a long period of time without interference from the locals or government of Ghana that could be another significant revenue producer for the company.. These two mines running, producing profitable figures, share reconstruction, and majority shareholders holding their shares for the long run is what is going to send this stock in the pennies imo.

Even with the price of gold falling, as long as production trumps cost and debts the company will do fine.













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