MAG 0.00% 6.2¢ magmatic resources limited

MAG (Summary) - On The Cusp of a Major Discovery, page-1375

  1. 5,708 Posts.
    lightbulb Created with Sketch. 8055
    10-25% gains are good I guess!

    But nothing compared to what we'll get on a good DD hole.

    If/when we get a DD hole like ALK's/Boda discovery hole then it's $250M+ to the MAG market cap and a share price of $1.50+ (so gains of almost 1,000% - bit better than 10-25% hehe - and I guess in horse racing terms; it's a Winx/Black Caviar running and paying 10 to 1!).

    Some of the biggest potential upside vs downside here and they're getting closer and closer to that big/discovery hole.

    Current DD14 hole being drilled could/should be decent.

    Not sure if it'll be the Boda discovery hole, but if it's not then one of the next ones should be as they trace and close in on to the main source of the mineralisation encountered so far.

    Cheers,

    GB.
 
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