MGU 7.69% 1.4¢ magnum mining and exploration limited

Ann: GRES to lead Buena Vista DSO Study, page-5

  1. 204 Posts.
    lightbulb Created with Sketch. 23
    Hey thank you for taking the time to gather that information. I would never have found it.

    Now that MGU have paid $7 million to acquire Buena vista one would assume that they now would find it feasible to mine. Considering the cost of ore has gone up a bit also, and now drilling the iron horse prospect could potentially add value quiet significantly.

    If the PFS is feasible after whats in place now then the 40 million MC as it stands could potentially be 10x plus its current value.

    For MGU to do their research prior to spending 7 million into acquiring it I'm sure they're confident.

    MGU having professional management with previous working history in billion dollar mining companies is reassuring also.

 
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