Re: News letter April 2008 I like this part:
posted on
Apr 13, 2008 10:46PM
The market conditions are such that Murgor’s shareholders are not rewarded yet for this progression. An obstacle that is common to the whole junior mining sector. The patient investor will, however, be rewarded as producers should achieve just value in the very near future with the price of commodities helping. Copper is poised to climb above $4.00 per pound and gold is predicted to climb to new heights (predictions of up to $1,650 per ounce) in 2008 and 2009. The future looks bright at Hudvam and Wim. It is just a matter of time until the same fundamentals (low stock, climbing demand and a shortage of supply) lift the price of Zinc to new heights.
In the meantime, Murgor continues its march towards production as planned.