Thursday, August 4, 2011

Malaga's (MLG.to) poor 2q11 production numbers

Wondering why Malaga (MLG.to) hasn't announced its 2q11 production numbers to the world? Wonder no longer, this is why:


It doesn't have to inform the Canadian market, however it is obliged to tell the Ministry of Energy and Mining in Peru of its monthly production tonnages. As the June numbers were announced yesterday, we now know that the 2q11 at Malaga was nothing short of a disaster. C'mon, hands up who remembers all that about how wonderful life would be once the new machinery were installed and production tonnages raised?

Jay Taylor actually pumps this dog. A case of fool and money parted if ever there was one.