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Re: Bobwins post# 35234

Friday, 10/15/2021 11:38:02 AM

Friday, October 15, 2021 11:38:02 AM

Post# of 35774
Bobwins Magna Gold MGR.v MGLQF I think your on to something there. I recently picked up on the story accidentally then saw your post. Fascinating story. Basically an unknown 70k OZ producer at a $70 MC internally projecting to produce positive cash flow Q1 22 CEO Arturos intimate history with San Francisco, how he moved it forward, rehiring the old team is just as fascinating. Judging by his history, Looks like the guy gets things done.

Currently Reducing the strip ratio and rising the production numbers.

Im surprised since the San Francisco mine was let go by Argonaut. Further thinking, Argonaut was previously disoriented and probably divested SF so they could more focus on Magino. If this turns out well, MGR got a smoking deal for less then $10m in value.

Not in yet but DD ing and liking what I see
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