MGX 0.00% 43.0¢ mount gibson iron limited

another thought.. Shougang lost out on the magnetitie resource...

  1. 287 Posts.
    another thought.. Shougang lost out on the magnetitie resource (to the other small mgx holders) but the deal is held in escrow til environmental approval signed off (poss nov).. if mgx were taken out OR enviro approval held up past nov end then magnetite ownership reverts to mgx..

    Is Shougang appearance on mgx register in a big way a means to an end..

    Do shougang plan to get the magnetite resource admittedly sold off very cheaply .. one way or another.

    Just another reason why mgx itself will likely soon be fighting off a suitor.

    my opinion only.. do your own research.

 
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