Magna Gold Corp V.MGR.H

100 000 ounce of gold 2020 !

[austrochris]

Magna gold is on the way to produce 100 000 ounces of gold 2021 .
Means 60 to 70 Million Dollar free cash . 
I also love the silverv assets and beside the goldprojekts . 
200 000 ounces in 2023 seems to be possible .

[Bvukmanic]

They're not producing 100k this year, they're producing 66k, and anticipating 68k in 2023. No need to make things up, just look at company guidance.

[huesos]

This type of misinformation does no good for stockholders. Neither does the presence of proven disinformation operatives on CEO.CA do anything for the stock price or for the benefit of stock holders. Once you know who these people are, the more you are incentivized to write off the stock regardless of what you think of the company's prospects in the future.

[MacRellen]

Actually, I believe autochris is right in that if things go according to plans and hopes, they will produce around 100k in 2021. If i remember things correctly, the forecast in the current presentation is based on a PEA which only took into account mining from open pit at San Fransicso. They plan to increase on this in 2 ways. 1. By also mining and processing ore from underground at San Fransicsco

[Bobwins]

Magna has become a producer.  9 month financials published today. Magna has converted to a fye of 12/31 so this is the 2020 annual report.  2021 will be a full year ending on 12/31/21. Shows US$37million in revs and a loss of 5.7million.  3 months ending 12/31/20 produced 7,485oz of gold at AISC of $2542/oz.  For the whole 9 months, produced 19,295oz at AISC of $2116.