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Magellan Minerals Ltd MAGNF

Metals & Mining Gold
"Magellan Minerals Ltd is an exploration stage company. The Company along with its subsidiaries is engaged in the exploration and development of mineral properties, with a focus on gold properties in Brazil."


OTCPK:MAGNF - Post by User

Magellan Minerals Ltd
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Comment by Sharpie009on Nov 20, 2010 8:15am
297 Views
Post# 17733815

RE: CEO adds 750,000 shares

RE: CEO adds 750,000 sharesWhat do you mean    " It's nice to see Alan boosting his position in Magellan?"

If you are are trying to suggest this is a positive development because management  is voluntarily increasing their ownership that  would be misleading.

Alan Carter is forced to exercise his options in November otherwise they expire and are worthless.  The expiry date on these particular options is November 2010.
Bullboard Posts
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