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Bullboard - Stock Discussion Forum Magma Metals Limited T.MMW

Bullboard (TSX:MMW)

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Post by MiningMonsteron Jun 15, 2012 1:20pm

MMW worth 5 cents now

: (  good time to short panoramic off the dilution 
Comment by rallardon Jun 11, 2012 8:51pm

RE: RE: my hat goes

Your right it is closer to 8 Million so they paid 16 Million for a 12 Billion dollar resource to date. An instu value of about .013%. Cheap is an understatement. I wish I could "Buy" ...more  
Comment by rockresearcheron Jun 11, 2012 1:18pm

RE: my hat goes

I think you'll find MMW has closer to $8 million in cash ($9.8 at March 31). Still, as you say, it's cheap.
Post by rallardon Jun 10, 2012 10:37pm

my hat goes

off to PAN, not every day you get an 800,000 oz Pt/Pd deposit for 6 million dollars (MMW had about 18 million in cash). I do realize the markets are in turmoil but this deal does have some interesting ...more  
Comment by abner29on Jun 09, 2012 4:57pm

What is called involuntary conversion,

Panoramic has acquired over 90% of the Magma shares and they indicate they will involuntarily acquire the remaining shares on the same exchange basis.  I assume we will be notified by the broker ...more  
Post by argaivon Jun 06, 2012 8:49am

So What Happens???

I did not receive the final offer paperwork in the mail in the specified time to accept this offer.  Does Panoramic get the project and Magma's assets, and those who did not have time to ...more  
Post by MiningMonsteron Jun 04, 2012 10:20am

Panoramic

Wow its really crashing, we knew it would go down but this is getting ugly.  MMW worth 9 cent currently.
Post by fracpackon May 23, 2012 10:42am

Someone not paying attention....

Bidding at 11 cents for Magma when Panoramic is at a 52 week low, after FX Magma is worth 10 cent and falling! Sold to you!! Dont be stupid!!
Comment by MiningMonsteron May 19, 2012 3:47am

RE: Big dump today...any ideas why?

Panoramic shares are plummeting in value, and you wont get them in your account for a while.  In the meantime everyone is shorting Panoramic.  The best play is not to buy Magma but to short ...more  
Comment by rallardon May 18, 2012 4:36pm

RE: PAN

PAN now has 66.25% of MMW. I hope several of the large SH go to the dissenting stage and I will follow.If PAN wants my shares they can pay me .37 thanks very much.
Post by embertron May 17, 2012 4:09pm

Big dump today...any ideas why?

Just wondering if there was some catalyst for this otherwise low turnover stock to suddenly dump 1.85m shares?  Anyone have any ideas?
Post by rallardon May 14, 2012 11:54am

PAN

now has control of MMW. I still do not understand the logic of people selling into the bid at .115 when the offer is .14.  PAN's next move would be to close the current offer and sow up all ...more  
Post by rallardon May 07, 2012 4:23pm

.125?

People are still selling for .125? I have to ask why? You are selling a $1.00 for .89 cents. This is not logical unless you have another guaranteed place to make at least 11% on your money, and if so ...more  
Post by rallardon May 03, 2012 11:22pm

Pala

has accepted the PAN offer.MMW is about 10% away from losing control of the company. I guess I will be filing as a dissenting SH with this one. MMW management it seems did not present a strong enough ...more  
Post by rallardon May 02, 2012 10:06am

Anglo Pacific

has accepted the PAN offer...an interesting turn of events. I wounder what MMW's next move is.