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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 rkhamon Nov 03, 2017 2:37pm
108 Views
Post# 26902493

RE:RE:RE:RE:No looking back now !!!!

RE:RE:RE:RE:No looking back now !!!!Actually Macarthur SP was up when the iron or price was too..
The problem noodles is BR (hearing) tied their hands until a few weeks ago.
A deal can now be had.
My point was why tweet teasing shareholders & just release what you have.

I'm still thinking it may be Cleveland Cliff resource based on the geographics and the depletion of iron ore mine within two years..(2020).https://www.woodmac.com/reports/metals-koolyanobbing-iron-ore-mine-19241303
The price of iron ore is down & Macarthur is ripe for the pickings so to speak.

They will not wait until they have no iron ore left to ship.
Its a transition game imo ..
A deal should be very soon or they'll loss the advantage of a year or two to get things up and running..
JMO
Bullboard Posts