MGU 0.00% 1.4¢ magnum mining and exploration limited

Ann: Positive Scoping Study Validates Buena Vista Iron Project, page-22

  1. 5,104 Posts.
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    Agreed, I will be taking advantage of this sell off. I feel the market already priced this news in at 42million MC and now a texted book sell off on news, it is a rinse and repeat. I feel this will bounce pretty quickly for the following reasons:

    - Several studies ongoing
    - Offtake pre payment could drop anyway
    - NASDAQ listings
    - Cornerstone agreement

    Scoping study doesn't bring much clarity. PFS is the one we start paying close attention too.

 
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