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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 Dec 13, 2012 8:14pm
269 Views
Post# 20727890

RE: A challenge

RE: A challenge

1) Because I got lucky and just got in a few months ago at .20 cents and think this is an easy triple

2) Because we have major backing/third party validation by Sandstorm Gold and I see a possibly stream deal for Coringa which would be great IMO (much less dilution at these prices).

3) The private placement just announced was at .30 cents and Sandstorm Gold subscribed for a bunch of shares at .50 cents.

4) We are undervalued (as are many junior mining stocks)

5) Because gold is going to at least $3,000 and we will go higher with it.

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