MAN 3.33% 2.9¢ mandrake resources limited

magna to take over ancash

  1. 182 Posts.
    I think Magna is a pecfect vehicle for Forsys to capitalise on their investment on Ancash.

    If they can settle out of court and merge Ancash with Magna whereby Forsys would become a major sharehold, I reckon they can get the share price above the 10c mark. And with 300-400 m Magna oppies out there, they can easily raise $30-$40 million to develop the resource. Money for jam I reckon.


    See the link below to check out the background of our current enemy.

    http://findarticles.com/p/articles/mi_pwwi/is_200703/ai_n18754246


    Just my thought

 
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