MMB 0.00% 65.0¢ magma metals limited

another one to keep an eye on : take note 2o2s...

  1. 15,276 Posts.
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    So many micro-cap specs going off...

    A sure sign the boom in exploration is paying dividends.

    Personally I think MMB have found something fairly special here...part of the Keweenaw basin which hosts Michigan's copper country and abuts Lake Superior...right jungle, right intersections...the area is a geo's wet dream.

    Other irons in the fire (namely zinc) with near term results likely to excite the market, but Canada is the big value equation in my books!

    Hardly any script available, with large chunks either in escrow, in the hands of ASX companies (FNT, MEE) or with other key top 20 holders. Free float appears minimal and vulnerable to a strong hold should results continue to impress.

    I bought some straight after the announcement...and after a little further digging, bought a few more on the open today. I also intend to top up as long as results continue to support what I suspect they might have.

    Potential here to be the star performer of 2007 in my view...lol...perhaps second only to my favourite stock that is?

    Cheers!
 
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Currently unlisted public company.

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