Topic: How To Invest

Dear Pat: I need your opinion on Malaga Inc, and its sister company Dynacor. Thank you.

Article Excerpt

Malaga Inc., $0.29, symbol MLG on Toronto (Shares outstanding: 183.6 million; Market cap: $53.2 million; www.malaga.ca), owns and operates the Pasto Bueno tungsten mine in Peru. The company benefits from Peru’s cheap hydroelectric power. Malaga aims to increase the Pasto Bueno mine’s production and expand its reserves through exploration. Tungsten prices continue to rise, along with the global economic recovery. Malaga also owns 10% of Dynacor Gold Mines (see below). Malaga is okay for highly aggressive investors to hold. A: Dynacor Gold Mines, $1.85, symbol DNG on Toronto (Shares outstanding: 30.2 million; Market cap: $55.9 million; www.dynacorgold.com), owns three exploration properties in Peru: Acari, Tumipampa and Casaden. Dynacor is using cash flow from its 100%-owned gold-milling plant on the Acari property to fund exploration on all of its landholdings. Its cash flow was $954,814, or $0.03 a share, in the three months ended September 30, 2010. The company’s exploration program at Tumipampa has revealed gold and copper mineralization. Dynacor is okay for highly aggressive…