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Bullboard - Stock Discussion Forum
MAG SILVER CORP.
T.MAG
Alternate Symbol(s):
MAG
Metals & Mining
Silver
MAG Silver Corp. (MAG: TSX / NYSE A) is a Canadian exploration and development company focused on becoming a top-tier primary silver mining company, by exploring and advancing high-grade, district scale, silver-dominant projects in the Americas. Our principal focus and asset is the Juanicipio Property (44%), being developed in Joint Venture partnership with Fresnillo Plc (56%). Juanicipio is...
located in the Fresnillo Silver Trend in Mexico, the world's premier silver mining camp.
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Bullboard (TSX:MAG)
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(2)
•••
looking
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Post by
looking
on May 16, 2024 4:43pm
Pie in the sky
Mag buy back plan starts 17 May 2024 and ends 16 May 2025. The TSX allows a maximum of 10% float to be bought back which is 8,643,374 shares and the US exchange allows for 5% public float to be bought
...more
(1573)
•••
Retiredgeo
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Post by
Retiredgeo
on May 16, 2024 3:14pm
Share buy back
can begin tomorrow. They will be buying back ~5,149,000 shares on the TSX over ~255 trading days = ~20,000 shares/day. They are limited to a max of ~66,000 any one day. They will be buying back the
...more
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(249)
•••
Gangsterme
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Comment by
Gangsterme
on May 15, 2024 7:40pm
RE:RE:30$ before opening in morning?
This seems to correspond to what was happening to the price of silver at that time. Coincide?
(1573)
•••
Retiredgeo
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Comment by
Retiredgeo
on May 15, 2024 7:10pm
RE:30$ before opening in morning?
I have noticed the shorters showing up between 9:35 and 10:35 on many occasions including today. They drive the share price down then flip positions. Of course this stock is being played.
(249)
•••
Gangsterme
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Post by
Gangsterme
on May 15, 2024 6:18pm
30$ before opening in morning?
What are the odds that silver hits 30$ sometime before 9:30 in morning? And if so will Magbe opening higher or lower? I certainly do not understand what is happening, although they bottom line is that
...more
(9)
•••
Jetboy1
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Comment by
Jetboy1
on May 15, 2024 1:21pm
RE:RE:Press release
I also agree the beauty of Mag is its low share float that last sale of shares was the kiss of death for our share price we did not need it ,dilution is the kiss of death for any companies share price
...more
(249)
•••
Gangsterme
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Comment by
Gangsterme
on May 15, 2024 7:44am
RE:Press release
My feelings exactly, do not understand, on one hand issuing more shares and the other buying back. They seem to believe the price will gyrate and they can take advantage of this, or they want to be
...more
(1573)
•••
Retiredgeo
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Post by
Retiredgeo
on May 15, 2024 6:59am
Press release
Talk about your mixed messages! What the hell is going on?
(0)
•••
PressRelease
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Post by
PressRelease
on May 15, 2024 6:50am
New Press Release - MAG Silver Announces Intention to Make Normal Course Issuer Bid for Common Shares
VANCOUVER, British Columbia, May 15, 2024 (GLOBE NEWSWIRE) -- MAG Silver Corp. (TSX / NYSE American: MAG) (“MAG”, or the “Company”) today announced that the Toronto Stock Exchange (the “TSX”) has accepted the Company’s Notice of Intention to Make a Normal Course Issuer Bid (“NCIB”). Under the...
read article.
(38)
•••
Speedyg5344
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Post by
Speedyg5344
on May 15, 2024 5:22am
Perhaps it is just forward looking in case the shares go on
.
(2)
•••
looking
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Post by
looking
on May 14, 2024 7:39pm
Losing Faith George
In January 2023 George raised and diluted company shares for Deer Trail exploration and a security blanket just in case the start up of Juanicipio required additional funds...I was questioned the move
...more
(1573)
•••
Retiredgeo
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Comment by
Retiredgeo
on May 14, 2024 6:05pm
RE:RE:New press release
Possibly, but Fresnillo is the best operator to have in that part of the world. George has constantly said that "they are looking for opportunities that would be accretive to shareholders".
(38)
•••
Speedyg5344
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Comment by
Speedyg5344
on May 14, 2024 5:44pm
RE:New press release
Perhaps to buy a bigger stake than the 44% interest currently held?
(1573)
•••
Retiredgeo
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Post by
Retiredgeo
on May 14, 2024 3:56pm
New press release
Why would MAG need $250 million USD unless it is planning a major aquisition?
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