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Bullboard - Stock Discussion Forum Messina Minerals Inc MMIPF

GREY:MMIPF - Post Discussion

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Post by YakYak3 on Feb 01, 2012 2:00pm

Deal?

Some consolidations are happening right now on properties in Central Newfoundland. Namely in the Buchans area.

SG Spirit Gold, symbol SG, has signed a definitive agreement to purchase properties from Buchans Minerals, symbol BMC, and from Mountain Lake, symbol MOA.

Discussions with Messina and Paragon Minerals, symbol PGR, are also going on to acquire their resources.

Stay tuned. 

Comment by adit123 on Feb 13, 2012 7:09pm
I think you just discovered the reason for the consolidation of the shares. I bot into BMC.V (see Grandich blog today for the "why"), and noted that SG.V is in discussion with MMI and PGR. Not saying I would buy prior to the share consolidation (usually a bad idea), but I will be watching for the SP after the consolidation. Interesting.
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