Home > Boards > US OTC > Mining/Resources > Mongolian Mining Corp. (MOGLF)

It feels like it is going to come

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Hornby   Sunday, 06/23/19 11:58:06 PM
Re: OMOLIVES post# 1074
Post # of 1107 
It feels like it is going to come down to that. We are not going to get any new financials until August sometime. The consortium would have been huge, but I suspect GOM politics/rivalries prevented that from happening. The RR, if it ever happens, is obviously years away, so this company is going to have to fly on its own and that means decent coal prices, good execution, and maybe a bit of help with the roads and border logistics. The only good thing is it is ridiculously cheap, and would probably be a three to five-bagger from here just by getting fair value for it's current metrics. Perhaps perspectives will change, but GOM is doing everything in its power to make sure that does not happen.

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