Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Macarthur Minerals Ltd V.MMS

Alternate Symbol(s):  MMSDF

Metals & Mining Industrial Metals & Minerals
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

Macarthur Minerals Ltd
Bullboard Posts
User Avatar Image
(0)
•••
Comment by rkhamon Dec 05, 2017 4:02pm
104 Views
Post# 27095912

RE:RE:RE:We have price and we have 1.3 Bn tons of ore

RE:RE:RE:We have price and we have 1.3 Bn tons of orehttps://www.wise-owl.com/news/macarthur-minerals-a-cliffhanger-for-speculative-investors

The main catalyst, however, is the potential of a corporate transaction. Macarthur’s iron ore assets are located adjacent to the Koolyanobbing Mine of Cliff Natural Resources (CLF.NYS), a major iron ore miner, albeit financially strained. Cliff is a US$1.7bn company listed in New York whose stock has fallen from near US$100 in 2011 to less than US$7 per share. Cliff is fully geared with debt matching its current market cap and given the company’s balance sheet pressure there is impetus to “play ball” with neighbouring companies holding synergistic assets. In Macarthur’s instance - we anticipate it’s Ularring Hematite Project could benefit from the aging nature of Cliffs Koolyanobbing Mine - which we understand is in need of a boost to its reserves.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities