OTCPK:MAGNF - Post by User
Post by
eztwo1on Dec 05, 2009 9:44pm
297 Views
Post# 16558002
So there is a PP coming!
So there is a PP coming!15 MILLION DOLLARS with accompanying dilution! NO mention of lack of official resources....no mention of lack of official reserves...... What happens if the mine becomes depleted? What happens if the 6 MILLION DOLLAR expansion doesn't pan out?
WHY is the vendor selling this "great" Creporizinho? OH! for the 9 MILLION up FRONT? Why the 49% of Uniao? Is this to run MNM stock price for a few months? Why would MNM buy it without resource/reserve guarantees? ESPECIALLY when it doesn't have the money and requires a PP????
How exactly will it be paid for? Or are you just guessing? LOL>>>> Not many are so sure and thus you have a stagnating stock price. Actually a FALLING stock price. And likely to go lower next week.
WHY don't you point that out to "potential" investors? A PP that is desperately needed by MNM is detrimental to its share price. sharkie and you and that twit , prospector and the legions of pumping dolts apparently don't care to reveal the drawbacks and just cater to the greedy. bagholders deserve you......