MMB 0.00% 65.0¢ magma metals limited

ann. beaver results confirm potential lrge pge, page-6

  1. 4,446 Posts.
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    I won't be topping up on weakness because at nearly 60c, this isn't particularly a weak share price. Weak to me would be 35c again, where I last bought in and am happy to hold.

    I also quesion whether 1g/t is more than an anomaly, since most of the time this level of PGE is unpayable, at least in such low tenor mineralization. However, it's a big system and it will be interesting to see if they can get a handle on the pipe geometry quickly, and understand the internal intrusive stratigraphy to it. I'm reminded of Nebo Babel, and won't be getting carried away on the Beaver Lake stuff.

    But by all means, do your chart chasing people.
 
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