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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

Bullboard Posts
Comment by macfisheron Jul 21, 2008 10:59pm
483 Views
Post# 15315304

RE: Press release: Summary of Recent Exploration D

RE: Press release: Summary of Recent Exploration DI really think that you want to look into the management of this company.
Mike 415 is not that far off the mark, in my opinion.
The rollbacks, share options etc etc leave no doubt whatsoever that their own nest is feathered.
Mr Tessier has read, or if not is co-author of ' The Wealthy Barber '  - he ALWAYS pays himself first,
and is always a pay period ahead - my opinion.
The share price is really a reflection of their results, and the way their projects are proceding.
Hudbay ongoings should not really be in play here as far as the share price is concerned.
On the other side of the coin, almost all of these juniors are way down............which we cant blame
on Tessier, though he is responsible for a chunk of MGR issues.
Hopefully we will get a bounce and I will be long gone, never to return
Bullboard Posts