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Magellan Minerals Ltd MAGNF

"Magellan Minerals Ltd is an exploration stage company. The Company along with its subsidiaries is engaged in the exploration and development of mineral properties, with a focus on gold properties in Brazil."


OTCPK:MAGNF - Post by User

Post by deadlockon Mar 23, 2012 10:24pm
335 Views
Post# 19712702

MNM Updated, Gold Valuations Near Dec Lows

MNM Updated, Gold Valuations Near Dec Lows

We have published our updated junior gold comparison table for the month of March.
It shows 55 juniors with a minimum 1 million ounces and the approx. valuations per ounce. Unfortunately valuations continue to remain depressed and are once again moving towards the lows seen in December.
Large stocks on the other hand continue to do very well and there seems no clear explanation as to what we need to see more capital moving towards higher risk companies. Link for full article and comparison tables is shown below or Stockhouse home page for this weekend.
Danny Deadlock
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