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Message: Re: Q & A with more questions

Apr 26, 2010 05:46PM

Apr 26, 2010 10:24PM

Re: Q & A with more questions

posted on Apr 27, 2010 03:09PM

So Mag has a 43-101 with 32,000,000 tones of reserve. They have spent 100,000,000 on developement to this stage. The reserves alone @ production are worth 16 billion. So if you use gold exploration companies that have gold reserve in the ground that producers pay 1/10 of the worth, then we are looking at 1.6 billion. 50% is 800,000,000 plus another 50,000,000 for work already done.

Mag must realize the value they hold? Anything less than 425,000,000 million is a complete steal on Complants behave.

As usual i am probably not seeing this in the reality of my investment.

CHIP OFF THE OLD BLOCK!!!!!!!!!

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Apr 28, 2010 01:37PM

Apr 28, 2010 06:04PM
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Apr 28, 2010 06:29PM
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