Mining Global Inc (MNGG)

[bball123]

I was wondering if anyone could give me any insight as to why this stock is trading so low. I'm not trying to pump or anything. Im legitly trying to understand why. They made 30k last week alone and are easily going to start making 100k a week within the next month. I did some research and found that it costs roughly $600 to mine 1 ounce of gold(including royalties). So I see them easily making 50k in profit a week. FYI im severly lowballing it cause this is based on 1000 tons of ore mined per week. The concentrators can do that in one day but I'm trying to be realistic I realize they proably wont be doing 1000 tons a day anytime soon because the other processing machines may not be as fast as the knelson concentrator and they might not have the manpower to keep up with that kind of capacity. So im just sticking with 1000 tons of ore per week.

50k in profit *50 weeks equals= $2.5 million a year in profit.
Like I said, why are we valued so low? I know there must be a good reason but I dont see it. We are about 1 million in debt I dont think thats the main reason. TIA