excellent play..

Magma has enormous potential. The exploration upside will become clear to the market in due course. They raised $16m in a second flat in a bad market. They now have plenty of money and Anglo happy to top up. Its probably the best Plat/Pal stock i can find listed. The company has had great results and drilling is ongoing. I would expect some news on this soon. The stock exploded in the metals boom on minimal results compared with what they are achieving now. The widths and grades are very commercial from what i see so far. There is also another plant within trucking distance that may become an interesting play down the track. The TSX listing is suggesting that the Canadians will value the stock closer to reality. It also opens up more access to capital. dyor.