MAG 3.51% 5.9¢ magmatic resources limited

Ann: Drilling Upgrades Boda-Style Gold-Copper Targets (updated), page-5

  1. 295 Posts.
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    If I was to buy into MAG at this time it would be because of the promising copper grades recorded from the Goldfields historical drilling in the area of Morley, Rose Hill & Rose Lawn. After all it is the copper grades that allow Cadia to mine it's gold at such low expense. Copper grades stick out like dogs balls in this area but don't seem so evident elsewhere.
    But I would not buy in at the moment because management seem to lack focus, they seem to be scratching about all over the place like a mob of chooks.
 
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