MAG 6.67% 6.4¢ magmatic resources limited

Ann: Broad gold zones expand Lady Ilse Target, page-53

  1. 671 Posts.
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    Agree with your comments around Bodangora.
    It will be the easiest way & quickest way to add value to the company, drill out under historical known high grade gold. It's closer to a sure bet than monster hunting(drilling for deep porphyry's).
    Still a lot of targets on the horizon & decent cash in the bank at this stage.
    Bodangora could easily be drilled out with more decent high grades found, even a resource defined before a capital raise is needed.
    This is one company with so many targets on the horizon, it's rare opportunity to have a holding in a company of this low market cap with good cash in the bank, a lot of targets ahead of them-self.
    Good time to get in also on a current low gold price.

 
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6.5¢ 6.5¢ 6.1¢ $3.661K 58.61K

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