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Macarthur Minerals Ltd V.MMS

Alternate Symbol(s):  MMSDF

Macarthur Minerals Limited is an Australia-based iron ore development, and lithium exploration company that is focused on bringing to production its Western Australia iron ore projects. The Company has three iron ore projects in the Yilgarn region of Western Australia and two exploration project areas in the Pilbara, Western Australia for targeting iron ore. In addition, it has lithium brine interests in Railroad Valley, Nevada, United States. Its iron ore projects include Ularring Hematite Project, Moonshine Magnetite Project and Treppo Grande Project. The Lake Giles Iron Ore Projects (Moonshine Magnetite Project and the Ularring Hematite Project) are located on mining tenements covering approximately 62 square kilometers (km2), 175 kilometers northwest of Kalgoorlie in Western Australia. The Treppo Grande Project covers an area of over 68 km2. The Pilbara Projects tenements include E45/5324 and E45/4735. The Reynolds Springs lithium brine project covers an area of around 18 km2.


TSXV:MMS - Post by User

Bullboard Posts
Comment by jetstreamon Oct 23, 2017 2:56pm
154 Views
Post# 26846251

RE:RE:Question ....need advice

RE:RE:Question ....need advice
I hope I understand this correctly, but

If you  could sell right now, lets say 300000 shares you would end up with only 50,000 shares.
If this goes to a dollar what would you rather have, $300,000 or $50,000.

Ideally you want to keep your 300000 shares and add 50K more, then you would have $350,000 when it hits a dollar.

If you have no extra cash to buy the rights, then just be happy with what you have and IMO, this will be a lot higher than a dollar.
Bullboard Posts