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negger0

08/14/06 12:52 PM

#5211 RE: Wiseman68 #5210

wiseman, the 6 new jv's mean $$$$$ will finally be coming in to MGMX.

Overall on the books, steady revenues and assets, this is undervalued IMO.
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thescientist

08/14/06 12:54 PM

#5212 RE: Wiseman68 #5210

Yes the got contacts and military contacts are crucial if you are doing bsiness in this part of the world, The Company is doing all the right moves and it seems to me that they are positioning themsleves for a good run this fall. The immediate impact is soft because the last two weeks of august are the SLOOOOWEST and they dont pick up until the 2nd or 3rd week in sept by October (the month of crashes) the big fund money begins to position their portfolios for the end of year selling and for next year. I think MGMX and other gold PRODUCING companies in emerging markets will have a stellar year in 07 so look for October to be a PIVITOL month for MGMX development and by then of course the news will be out