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Magnum Goldcorp Inc V.MGI

Alternate Symbol(s):  MGIDF

Magnum Goldcorp Inc. is a Canada-based company, which is engaged in the acquisition and exploration of mineral resource properties. The Company's LH Property is a gold exploration property consisting of approximately 19 contiguous crown granted claims and seven mineral claims, located seven kilometers south of Silverton, British Columbia, on the east side of Slocan Lake. There are two net smelter return (NSR) royalties connected with the LH Property.


TSXV:MGI - Post by User

Bullboard Posts
Post by mcintmaon Jul 17, 2016 9:57am
113 Views
Post# 25059645

Very interesting prospects

Very interesting prospectsBut, question, if IBC.V still holds ~16M MGI shares, and trades at 2.5 cents (with 11M shares outstanding) ... why would you not participate via IBC stock?

Is it fear that IBC is a shellco and will only squander its MGI shares to pay insiders and host office parties?

No agenda, just curious - there is very little info on IBC readily available.

GLTA :)
Bullboard Posts