MAU 5.47% $1.06 magnetic resources nl

Stocks very tightly held; George has little interest in pump and...

  1. 64 Posts.
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    Stocks very tightly held; George has little interest in pump and dump as his shareholders have deep pockets. They have and will continue to support the raisings as needed. The only cash he needs is for drilling as the Co has a very low overhead. Hes trying to find the big tonnages. Dont forget that Geoge is a geo physicist; all work to date including the original drill programs are in effect high value scout holes as he works out WTF the structure is doing.
    Hes looking for a multimillion oz deposits(s) that they will sell to one of the adjacent mill owners. Thats his game plan and it looks like hes getting closer but still lots more work to be done.
 
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