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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
Post by jetstreamon Oct 26, 2017 12:13pm
100 Views
Post# 26862805

Exploration Permits

Exploration Permits
August 22, 2016, MMS applied for their exploration permits and said they should have them by Nov/Dec 2016.

Later  court proceedings started... to refuse the applications for exploration licence made by MLi

Oct 13 of this month this legal matter has been resolved and released
..."

..."Macarthur Minerals anticipates that the Pilbara exploration licence applications will commence granting within a few weeks following execution of heritage agreements. This allows the company to commence exploration activities on those tenements..."

All you geniuses who are placing importance in the stock price behaviour which supposedly reflects on MMS management, IMO, are White House Morons.

We will move when we get our exploration licences. ARV moved because they have theirs. Novo still need theirs and we are at least a year or 2 ahead of them.
The difference between the first attempt at getting our exploration license and now is that  since the last attempt the Pilbara now has gold fevor and MMS has increased their Li tenements.

MMS will move when the off take iron ore agreement is announced, when gold is found and when Li is drilled. No amount of chart gazing or crystal ball analysis will work.  Fundamentals will move this stock and it will start with the NR that we have our exploration permits.

 
Bullboard Posts