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Bullboard - Stock Discussion Forum MAG SILVER CORP. T.MAG

Alternate Symbol(s):  MAG

MAG Silver Corp. (MAG: TSX / NYSE A) is a Canadian exploration and development company focused on becoming a top-tier primary silver mining company, by exploring and advancing high-grade, district scale, silver-dominant projects in the Americas. Our principal focus and asset is the Juanicipio Property (44%), being developed in Joint Venture partnership with Fresnillo Plc (56%). Juanicipio is... see more

TSX:MAG - Post Discussion

MAG SILVER CORP. > share distribution
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Post by Retiredgeo on Feb 17, 2023 8:15am

share distribution

71% of MAG's outstanding shares are in institutional hands.  Only 29% are in retail hands.
Comment by Jetboy1 on Feb 21, 2023 3:56pm
Retiredego Yes that is mostly well known,do you think the institutional investors are happy with what has just happened I would bet not. I have always promoted Mag ,I have been a Mag share holder for over 20 plus years I know lots of the old original share holders personally and they are not happy at all with what has just happened and the direction the company has taken lately, we are down almost ...more  
Comment by Retiredgeo on Feb 22, 2023 5:23am
I will not second guess the institutions because they are the people who are manipulating the share price.  From a fundamentals standpoint MAG is a great long term hold and I am totally ignoring what is currently happening with the share price.  So should you.  The charts say that it can quickly recover as soon as the shorts turn into longs.  I have been a MAG shareholder ...more  
Comment by Jetboy1 on Feb 23, 2023 2:21pm
I agree I just do not like dilution,but your totally right,if you watch CiBC the play it like a fiddle they buy and sell every day 100 share lots even buy and sell to them selves,all computer generated.I also agree with Deer trail to deep but if enough is there,I guess it could work. Are you familiar with Vizsla Silver they seem to have the goods like Mag had in the beginning  but getting up ...more  
Comment by Retiredgeo on Feb 23, 2023 3:10pm
Sorry, I'm not familiar with Vizsla Silver.  MAG and Core Assetts (CC) are all the silver exposure that I need. I remember the $13 CAD of last year!  That was painfull but it didn't last and it won't last this time.  You will do well buying at these prices.
Comment by BugTSWY on Feb 27, 2023 1:01am
Fresnelo tried to buy out Mag before and I wonder what they consider a fair price and try it again?
Comment by Retiredgeo on Feb 27, 2023 6:43am
Hopefully, MAG isn't that stupid.  
Comment by Jetboy1 on Feb 27, 2023 4:55pm
Yes they tried to steal it back when and got shut down thank christ if i remember the offer was around 4 bucks I am amazed they haven't tried again now everything is in place. They would hopfully pay a hefty price for it if they try again at least over 30 plus. When you think about it they are in complete control anyway so just ride along and reap the benifits.Lots more drilling to do on the ...more  
Comment by BugTSWY on Feb 27, 2023 5:43pm
I agree safe and slow. Deer Creek is a money pit. Sit back collect your profits and sink a little of that back into projects, These projects suck up capital, takes a decade or more to get ready, and shareholders suffer: while watching dilution and the profits disappear. If your going to do that, sell for a hefty gain. Explore and sell the next project, rinse and repeat. JMO
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