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Magnus International Resources Inc. (MGNU)

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Last Post: 8/25/2017 12:35:16 PM - Followers: 3 - Board type: Free - Posts Today: 0

On December 2, 2004, Magnus International Resources Inc.'s joint venture company, Long Teng Mining Ltd. ("Long Teng"), entered an agreement with Kangding Kangma Mining Ltd. Co. ("Kangding"), of Sichuan Province, China, to purchase a mining license for approximately 3 square kilometers in Sichuan Province known as the Xintaizi mining area (the "Property"). Long Teng is a joint venture company formed under a under a joint venture agreement signed July 6, 2004 between Magnus International Resources, Inc. ("Magnus") and the Yunnan Province Nuclear Industry Brigade 209 ("Team 209") of China. Under the agreement to purchase the mining license, Long Teng is to pay 2,100,000 RMB (approximately $253,725 US dollars on December 8, 2004) to Kangding for the mining license after executing the agreement. One hundred thousand (100,000) RMB was due on the day of executing the agreement, 950,000 RMB is due 15 days from the execution of the agreement, and 1,050,000 RMB is due on the day the transfer of the mining license is successfully registered and effected under Chinese law. The Property is located at Kongyo Villiage, Kangding County, in Sichuan Province, China. Geologically, the Property is located at the inter-contact belt between the Cuanxi altiplano and Sichuan basins. It is at the Western limb of the Yangzizhunditai and the Northern end of the Kangdiandi axis. The elevation is 1900 to 3200 meters, and the mine is a five hour drive from Chengdu City. The mining license covers a 3.0877 square kilometer mining area, with a production capacity of 10,000 tons per year. The effective period of the license is December 1, 2003 to December 1, 2006, however, this mining license may be renewe
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#61   $MGNU: Reinstatement brings the boys to the yard makinezmoney 08/25/17 12:35:16 PM
#60   or at least I did. lol cbo 08/25/17 12:31:49 PM
#59   Seems like people finally found the Reinstatement Filing DaReal 08/25/17 12:31:12 PM
#58   MGNU is severely delinquent in filing their Financials Renee 02/22/15 10:58:14 AM
#57   Someone knows something FunGuns09 01/22/15 12:11:34 PM
#56   Up 200%. WTF is happening here? Caveat Emptor 01/22/15 11:55:31 AM
#55   MGNU 0.004 funnyG986 11/06/14 02:54:52 PM
#54   RECORD VOLUME HERE...SHE IS READY TO GOOOOOOOOOOOOOOOOOOOOOO 0.01 MAYBE? OB_WEALTH_INC 11/06/14 02:54:21 PM
#53   0.01 at least ? bauauahahahaha OB_WEALTH_INC 11/06/14 02:48:44 PM
#52   1000 % today? lol OB_WEALTH_INC 11/06/14 02:48:20 PM
#51   YEAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA lol OB_WEALTH_INC 11/06/14 02:47:43 PM
#50   MGNU 0.0023 X 0.0025 funnyG986 11/06/14 09:48:22 AM
#49   MGNU .0017 up Swimmingly 10/08/14 02:37:50 PM
#48   MGNU .0014 Swimmingly 10/08/14 02:36:26 PM
#47   Cease Trade Order bewareofsnakeoil 04/30/13 01:54:35 PM
#46   B.C. cease trade order issued April 10, 2013. elkonig 04/29/13 06:34:11 PM
#45   Thank you for contacting the British Columbia Securities bewareofsnakeoil 04/09/13 12:09:17 PM
#44   Thank you for contacting the British Columbia Securities bewareofsnakeoil 03/28/13 12:23:33 PM
#43   What does this all mean??? bewareofsnakeoil 03/28/13 02:44:32 AM
#42   Mr. Graham Taylor has been the President, CEO, bewareofsnakeoil 03/28/13 01:55:34 AM
#41   MGNU's Tier has dropped not one (1) but bewareofsnakeoil 03/27/13 06:29:17 PM
#40   MGNU OTC Tier Change bewareofsnakeoil 03/27/13 05:58:44 PM
#39   Great reading material before bed!! bewareofsnakeoil 03/21/13 10:46:07 PM
#38   SEC target Homm facing jail for market manipulation bewareofsnakeoil 03/19/13 02:00:06 PM
#37   As soon as, The U.S. Securities and Exchange bewareofsnakeoil 03/19/13 01:47:15 PM
#36   Didn't Graham Taylor President, CEO of MGNU pump bewareofsnakeoil 03/19/13 01:39:47 PM
#35   SEC files fraud charges over Surrey boiler room bewareofsnakeoil 03/19/13 01:24:42 PM
#34   Ask your broker about MGNU before Buying! bewareofsnakeoil 03/18/13 05:43:45 PM
#33   Securities fraud, also known as investor or stock bewareofsnakeoil 03/18/13 05:27:08 PM
#32   File A Complaint bewareofsnakeoil 03/18/13 04:52:35 PM
#31   Insider Trading Warning bewareofsnakeoil 03/18/13 04:48:39 PM
#30   Found the link to all the pump and bewareofsnakeoil 03/18/13 04:32:16 PM
#29   bewareofsnakeoil 03/18/13 04:19:05 PM
#28   Formerly=Gravity Spin Holdings, Inc. until 5-04 bewareofsnakeoil 02/26/13 07:37:05 PM
#27   A necessary overreaching of U.S. tax law into Canada bewareofsnakeoil 02/26/13 07:26:46 PM
#26   Wow, this pile of dog waste doesn't even bewareofsnakeoil 01/08/13 07:43:28 PM
#25   Yes this will fly soon. New tier change 956trade 12/07/12 02:25:32 PM
#24   will fly soon, low float penny $$$TOCK 007 12/07/12 02:12:03 PM
#23   !! nice bid. $$$TOCK 007 12/06/12 09:38:23 AM
#22   If there are this many offshore companies under bewareofsnakeoil 11/27/12 07:59:36 PM
#21   Sen your name and contact info, and share bewareofsnakeoil 08/20/12 10:40:12 PM
#20   Specific examples of tax fraud, tax evasion, and bewareofsnakeoil 08/20/12 10:01:16 PM
#19   BECOME A (MGUN)Whistleblower regarding: IRS, SEC, CFTC, DOJ bewareofsnakeoil 08/20/12 09:59:11 PM
#18   IRS Whistleblower Attorney :: IRS Whistleblower Program for bewareofsnakeoil 08/20/12 09:52:54 PM
#17   LEGAL PROCEEDINGS bewareofsnakeoil 08/20/12 09:30:50 PM
#16   Our shareholders may lose some or all of bewareofsnakeoil 08/20/12 09:28:51 PM
#15   ASSETS AVAILABLE bewareofsnakeoil 08/20/12 09:19:38 PM
#14   Our stock is a penny stock. Trading bewareofsnakeoil 08/20/12 09:17:39 PM
#13   We have a going concern opinion from our bewareofsnakeoil 08/20/12 09:16:33 PM
#12   Corporate Structure bewareofsnakeoil 08/20/12 09:02:06 PM
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