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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 Horsesmouth2Uon Sep 27, 2012 11:21am
161 Views
Post# 20420439

RE: RE: RE: drilling

RE: RE: RE: drilling

Yes it does include the $7.5 million. The 4 million working capital is the correct number. Looks like $2.7 million was used to buy out the NSR from the previous owner.

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