Ann: Magmatic raises $5m for drilling Copper-Gold targets, page-159

Not sure what selling you guys are talking about?

The few sells into 13.5c?

Most of the trading today is at 14c.

Stock is up 35-40% in the last few weeks.

I call that buying.

Plenty of new holders coming onboard and plenty on the side-lines looking to get in.

All of that aside, 10c or 15c or 20c share price doesn't really matter when the big hole comes.

Might be the next one or the one after that or the one after that, but it will come and that's when the charts and differences in buy-in prices (10c, 15c, or 20c) get thrown out the window.


Rose Hill drilling should be finished about now and results to come from it soon.

Cashed up with say $6.5M in the bank.

Drilling potential company-making target after potential company-making target.

Recently peers were double MAG's current market cap when drilling their not-as-prospective targets.

Does it get any better in this end of town (no, if you ask me - but I'm a bit biased)?


Cheers,

GB.