MAG 11.4% 4.9¢ magmatic resources limited

Ann: Magmatic Resources raises $2.2m, page-8

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  1. 5,768 Posts.
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    Hey JJ,

    How's this one for you:

    MAG raises at 344% premium to MAG share price on the day before the Alkane discovery (SP was 1.8c and CR at 8.0c).

    AQX raised at 88% premium to AQX share price on the day before the Alkane discovery (SP was 1.6c and CR at 3.0c).

    Come over on MAG as much as you want and post whatever dribble without any facts you want and no one here will get upset (unlike you seem to be).

    Why? Because we all know that MAG's projects are multiple times better/more prospective for a major discovery and MAG projects are way more advanced than AQX's and ready for discovery as we have plenty of good drill results and were just waiting on this chance to get up and be able to raise cash easily and prove up what we have.

    Unlike AQX, which hasn't got any drill hits yet?, even though they had a $10M JV...but that was abandoned after $1M minimum spend, by a Major...but what would they know...they only have the biggest mine in the area.

    You think AQX will make a massive discovery? On its first drill? You'd be over the moon if they get anything for a start, let alone anything like that MAG has already got.

    Anyway, let's see how they both go from their post-Alkane-discovery CR price levels and which one does better: AQX from 3c or MAG from 8c.

    But as I've said multiple times; you can't really compare AQX to MAG as MAG projects are multiple times better and as many times more advanced.

    Cheers,

    GB.

    p.s relax mate, you seem to be getting a bit upset - if it's getting to you; it might mean that you should get some MAG and rest easy on which one gets there...especially as you might get a chance tomorrow to get some close-ish to the CR price - price which likely won't be seen again.
    Last edited by Green Bull: 16/10/19
 
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