The information below is based on the most recent information we have
received from analysts and the companies participating in The Gold Report.
We encourage you to visit the company's web site for updates.
The Gold Report
"I also look at Moto Gold which is in the Congo. This is a country with a huge amount of reserves and resources – Moto Gold could reach more than 20 million of resources. The political situation is certainly not that secure, but they just fixed all agreements new, and that could be a takeover candidate sooner or later." (5/30/08)
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The Gold Report Interview with Hans Peter Schmidlin
The Gold Report
"Frank Holmes: Financing is crucial. Companies that are rapidly spending money are going to run out of cash in about six months. The market undervalues them until they have financing in place.
The Gold Report: Can you give us a few companies on your list that meet your criteria?
FH: Moto Goldmines (TSX:MGL), which is in the Congo, is in that category, though they face geopolitical risks. The company has more than 10 million ounces and more than five grams per ton."
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The Gold Report Interview with Frank Holmes, U.S. Global Investors (10/21/08)