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Bullboard - Stock Discussion Forum 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... see more

TSXV:MGR.H - Post Discussion

Magna Gold Corp > Magna is too cheap to ignore!
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Post by Bobwins on Jul 06, 2021 4:36pm

Magna is too cheap to ignore!

https://seekingalpha.com/article/4438079-magna-gold-too-cheap-to-ignore?mail_subject=mglqf-magna-gold-too-cheap-to-ignore&utm_campaign=rta-stock-article&utm_content=link-2&utm_medium=email&utm_source=seeking_alpha
Comment by RHertig on Oct 14, 2021 5:38pm
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.
Comment by checkmate28 on Oct 15, 2021 11:32am
RHertig  I recently picked up on the story as well.  Facinating story.  Basically an unknown 70k OZ producer at a $70 MC internally projecting to produce positive cash flow Q1 22  Arturos intimate history with San Francisco, how he moved it forward, rehiring the old team is just as facinating.    Their getting it done with reducing the strip ratio and rising the ...more  
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