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

Comment by DoctorAuricon Aug 18, 2019 4:33pm

146 Views

Post# 30041151

RE:RE:My two cents

The news release 03/21/2019 about the deal with Glencore was ostensibly malappropriate as its valuation was based on speculative outcomes, and MMS was forced to "walk it back." The market should never have rewarded MMS with the pop it had.

You're headed back to 2 pennies. Once the Iron plays in S.A open up again, iron ore spot prices will drop.

Bullboard Posts

The top 10 Canadian medical stocks