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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 Brodeur9on Apr 24, 2018 6:52pm
114 Views
Post# 27934940

RE:RE:News out

RE:RE:News outI do not know if you are doing anything with your life, but building a project of this magnitude is considerably long, slow and complex.

If you're patient, MMS is seizing an opportunity similar to Champion Iron (CIA: TSX) with a market value of $ 500 million. 

Better to seize the opportunity now, rather than pay a purchase premium due to financing, commercial deal and others. I also increased my participation by 20% yesterday.
 
Do I have to remember the partnership with the Singapore group?
Bullboard Posts