Post by
RatPatrol on Oct 29, 2024 5:56pm
Fool Me Once....
SPC's reserves are STILL comparable to Magna's in spite of its recent purchase
of "operations" from KGHMI. These "operations" are possibly unprofitable
at nickel prices below $20,000 per tonne.
Magna company management used this purchase to pump up its stock price
from 80 pennies.
Magna's stock price hovers now around $1.20 per share.
NONE OF THIS IS LOST ON DUNDEE'S MANAGERS.
I suspect that Dundee considers Magna's purchase followed by its showboating to be a
Distraction followed by market SHENANIGANS.
Please equally consider the "steam" in Magna's stock price in any asset comparison.
We c.......
JMHO DYODD