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Magna Gold Corp V.MGR.H

Magna Gold Corp. is a Canada-based gold and silver production company. It is engaged in acquiring, exploring, developing and operating precious metal properties in Mexico. It is advancing its 100% owned flagship San Francisco Mine, its Margarita Silver Project and other highly prospective mineral properties located in Sonora and in Chihuahua. The San Francisco mine is situated in the north central portion of the state of Sonora, Mexico, approximately 150 kilometers (km) north of the state capital city of Hermosillo. The project covers approximately 47,395 hectares (ha). San Judas is an early-stage exploration property, located 240 km to the northwest of the state’s capital city of Hermosillo and runs along Federal Highway 16, covering a total aggregate area of 2,806 ha. The Mercedes Property consists of two contiguous claims covering an aggregate area of approximately 345 ha located approximately 250 km east-southeast along Federal Highway 16 from the state capital, Hermosillo.


TSXV:MGR.H - Post by User

Comment by RHertigon Oct 14, 2021 5:38pm
177 Views
Post# 34007071

RE:Magna is too cheap to ignore!

RE:Magna is too cheap to ignore!
That was written by one of my favorite analysts. After some DD I bought a position. The numbers put out today looked good. Also they are drilling the silver property so a news flow to look forward to. If they can prove the silver there is a ready buyer so we won't have to wait years to get paid for that concession.
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