Hi 24hGold .,
FUNDAMENTAL RESEARCH INITIATES COVERAGE ON MURGOR WITH A BUY RECOMMENDATION
Montreal, Quebec � May 09th, 2008 � Murgor Resources Inc. (TSX-V: MGR) announces that, Fundamental Research Corporation initiated coverage of Murgor Resources Inc. with a report dated May 9th 2008, authored by Fundamental Analyst Sid Rajeev, Senior Research Associate Martha Buckwalter-Davis and Research Associate Kevin Liu. Fundamental Research issued a Buy Recommendation for Murgor Resources Inc. with a �Fair Valuation� of the company at $1.00 per share based on copper and zinc prices respectively at $1.75 US$/lb and $0.75 US$/lb. The report can be viewed on Fundamental Research�s website at www.researchfrc.com.
FOR FURTHER INFORMATION ON MURGOR, PLEASE VISIT OUR WEBSITE AT WWW.MURGOR.COM OR CONTACT: Sid Rajeev, B.Tech, MBA. Analyst, Fundamental Research Corporation Tel : 604-682-7050 E-mail: srajeev@researchfrc.com or Andr� C. Tessier, President & CEO MURGOR RESOURCES INC. Tel: (613) 546-7503 or 1-888-891-3330 Fax: (613) 546-7318 E-mail: info@murgor.com Web site: www.murgor.com
Murgor does not distribute analyst reports or recommendations. Please contact your personal stockbroker/registered representative if you would like to access analyst research. Murgor does not endorse or contribute to analyst estimates or recommendations. This document includes certain "forward-looking statements". All statements other than statements of historical fact, included in this document, including, without limitation, statements regarding potential mineralization, resources and reserves, exploration results, and future plans and objectives of Murgor, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Murgor's expectations are exploration risks detailed herein and from time to time in the filings made by Murgor with securities regulators.
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Murgor is a zinc and copper producing company based in Canada.
Murgor holds various exploration projects in Canada.
Its main asset in production is FLIN-D in Canada and its main exploration properties are GOLDEN ARROW MINE, BARRY - URBAN (EAGLE RIVER), CLAY LAKE, NELLIGAN, BARRY - URBAN (WINDFALL), LA TREVE, MISHIBISHU, MYSTERY, FANCAMP, MOUNT PLEASANT, BARRY - URBAN (BARRY), BENOIT, HUDVAM, WIM, FON, GULLROCK PROPERTY, PREMIERE PROPERTY and ELMTREE GOLD in Canada.
Its stock quote reached its highest recent level on August 07, 2020 at CA$ 1.89, and its lowest recent point on March 07, 2023 at CA$ 0.01.
Murgor has 123 430 000 shares outstanding.