MMB
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0.00% 65.0¢ magma metals limited

8 million bucks raised at 43 per cent premium, page-21

  1. FiendishRedbeard
    9,111 Posts.
    lightbulb Created with Sketch. 909
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    10/09/08
    14:42
    Post #: 4250534

    Strong show of confidence in MMB’s position at thunder bay with the major taking a stake before JORC is released or other parties get too interested. Also preservers MMB from any dilution for capital needs. In saying that JORC will be months away and Pt/Pd markets are on the nose so I sold MMB today for these reasons.

    DYOR
    MMB Price at posting: 52.0¢ Sentiment: LT Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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