John Embry
Moto Goldmines Ltd.
MGL-T
WEAK BUY
Jan 10, 2006
Located in the Congo. They have multi-million ounces. Solid operators. The issue is the Congo. How safe is it. Probably the richest geological area on the planet.
In a not very nice part of the Congo. Massive ore body. Some question on whether the Congolese authorities want to back in for a big chunk of it. Continues to own it just because of the number of ounces they have.