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Re: drluck post# 219

Sunday, 03/14/2010 2:20:30 PM

Sunday, March 14, 2010 2:20:30 PM

Post# of 253
Malaga’s tungsten production has now risen to about 375 t/d from 250 t/d and is on schedule to
be at 500 t/d by mid-'10. At that point it should be worth more than 3 times the current share
price. And, the cash flow from increasing production should drive the valuation even higher
with the wherewithal to drill off part of 25 major structures within the 77 known tungsten veins.
To boot, tungsten prices have strengthened and the company has a plan to generate additional
revenues from its silver and copper off-take and from a hydroelectric plant.


http://www.trapezeasset.com/trapezeasset/newsletter/TAMI_Feb2010.pdf

pg #7