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Magna Mining Inc V.NICU

Alternate Symbol(s):  MGMNF

Magna Mining Inc. is an exploration and development company focused on nickel, copper and platinum group metals (PGM) projects in the Sudbury Region of Ontario, Canada. The Company's flagship assets are the past producing Shakespeare and Crean Hill Mines. The Shakespeare Mine is a feasibility stage project which has permits for the construction of a 4,500 tons per day open pit mine, processing plant and tailings storage facility and is surrounded by a contiguous 180 square kilometers (km2) prospective land package. The Shakespeare Project is comprised of around 29 patented claims, three leased claims and 787 mining claims within Dunlop, Porter, Shakespeare, Hyman and Baldwin Townships, and covers an area of 18,074.94 hectares (ha). The Crean Hill Mine is a past producing nickel, copper and PGM mine. The Crean Hill property has an area of patented surface and mining rights consisting of over 255.9 ha. It has a 100% interest in a nickel-copper deposit located near Shining Tree, Ontario.


TSXV:NICU - Post by User

Post by RatPatrolon Oct 11, 2024 10:39am
209 Views
Post# 36262590

Several PIGS IN A POKE??

Several PIGS IN A POKE??Investors need to know what reserves were purchased from KGHM for $5.3 million.
It's quite possible that this 

                                VERY LARGE, PROFITABLE

Mining Company is Entirely Satisfied receiving it's $5.3 million.

Meanwhile, on the back of this deal, Magna's Investor Centre has been able to crank its 

                        PUBLIC MARKET CAP

                             BY $26 million.

What's needed to make NICU profitable is Economic Reserves
Until these are registered from these "operating" and abandoned drifts,
Investors may be more inclined to view this acquisition as a Vanity Project.

We c.................

JMHO DYODD
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