Agoracom: Small Cap Investment - Murgor Resources - FUNDAMENTAL RESEARCH INITIATES COVERAGE ON MURGOR WITH A BUY RECOMMENDATION

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FUNDAMENTAL RESEARCH INITIATES COVERAGE ON MURGOR WITH A BUY RECOMMENDATION

posted on May 27, 2008 02:09AM

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.