MAU 4.02% $1.17 magnetic resources nl

Ann: Thickest intersection of 96m at 1.23g/t AU at Lady Julia N 4, page-7

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  1. 558 Posts.
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    This is an interesting one. looked it up after a comment from the mines and money podcast a while back. I'm in a few of the smaller players in this region but seems either your in the fancy end of town fighting over old SOG... or other end of town scratching around with a few pennies... but this one is in middle. no big news or big names although seems to have started thinking about producing/mining. not sure how they can do that with no mill. the md obviously has a track record of finding stuff but not sure he is a miner or can build a mill ?
    stock seems very tightly held and supported. cap raises get away at these values and have done so in past at higher levels it seems.
    so what do they know that we don't?
    watching with interest an something has to be going on.
    Last edited by OldCar: 30/06/23
 
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