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Macarthur Minerals Ltd V.MMS

Alternate Symbol(s):  MMSLF | MMSDF

Macarthur Minerals Limited is an Australia-based iron ore development, and lithium exploration company that is focused on bringing to production its Western Australia iron ore projects. The Company has three iron ore projects in the Yilgarn region of Western Australia and two exploration project areas in the Pilbara, Western Australia for targeting iron ore. In addition, it has lithium brine interests in Railroad Valley, Nevada, United States. Its iron ore projects include Ularring Hematite Project, Moonshine Magnetite Project and Treppo Grande Project. The Lake Giles Iron Ore Projects (Moonshine Magnetite Project and the Ularring Hematite Project) are located on mining tenements covering approximately 62 square kilometers (km2), 175 kilometers northwest of Kalgoorlie in Western Australia. The Treppo Grande Project covers an area of over 68 km2. The Pilbara Projects tenements include E45/5324 and E45/4735. The Reynolds Springs lithium brine project covers an area of around 18 km2.


TSXV:MMS - Post by User

Bullboard Posts
Comment by GreenMetalson Apr 11, 2016 4:47am
131 Views
Post# 24750758

RE:Why you should do your research on Australian lithium stocks

RE:Why you should do your research on Australian lithium stocksLet's not get carried away. When I wrote:

"But here's the good news. Now you venture investors have a chance to join the Australian lithium boom via MacArthur Minerals. Based on the valuation of its Australian peers, this stock will get a massive re-rating in the next weeks."

... I meant a re-rating compared to other exploration stocks in the same phase. Dakota Minerals is the only exploration stock that is drilling now. All others have market caps between 10-20 million based on prospective ground, samples or old drill results.  

The thing I like about MMS that it's still below 10 mln market cap AND that it looks like they have a smart stategy compared to many of its exploration peers. That's why I think it has enormous potential in the short term (2-3 bagger from current price).  

You really need to dig deep. Forget about the simple pump postings on stock house but use Google to do your own research. Or e-mail the company with your questions. 

Good luck! 

  
Bullboard Posts