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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

Comment by SN3165on Jul 03, 2012 12:17pm
215 Views
Post# 20077539

RE: RESEARCH

RE: RESEARCH

Yup, I was in a month ago at .20 and thought we had seen the bottom. Looks like it now. by the way I think they have more cash than you stated, as they recently completed a financing with Sandstorm Gold for $7.5 mill cash and $.50 in common shares (They sold a NSR). Cashed up with little downside!

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