MMB - Magma Metals

[moneymajix]

Re: MMB - Trading Halt

TRADING HALT

28 Mar 2008 17:52 ! Trading Halt


Will remain in pre-open until commencement of trading on Wednesday,
2 April or when the announcement is released to the market.


:walker:

 

[moneymajix]

ANGLO AMERICAN ACQUIRES A 12% STAKE IN MAGMA METALS


Anglo American plc will acquire 13.47 million shares in Magma Metals at $0.60 per share for a total consideration of $8.08 million for a 12% interest in the Company (10% on a fully diluted basis).


It is planned to issue the shares and complete settlement of this transaction within five business days.




Currently sp is 50c (up 19%), less than the 60c Anglo American is paying!

 

[craigj]

mmb

anyone following this stock bought in today as buyers outnumbered sellers around 10 to 1
seems to be plenty of good news coming from company last 2 weeks
might be a good stock to trade

any thoughts

 

[Sean K]

Re: mmb

anyone following this stock bought in today as buyers outnumbered sellers around 10 to 1
seems to be plenty of good news coming from company last 2 weeks
might be a good stock to trade

any thoughts

What good news was that craig? Anymore news to come?

And please remember to do a search for a company that you want to discuss, by using the 'search' function at the top navigation bar. Cheers.

 

[kr1zh]

Good drilling results published today at Thunder Bay North.
sections:​

- BL09-86: 14.85m @ 5.56g/t Pt+Pd, 0.64% Cu & 0.28% Ni from 163m
- BL09-89: 5.98m @ 17.13g/t Pt+Pd, 2.55% Cu & 1.29% Ni from 157.25m

An initial drilling program has been designed for Steepledge Lake which is planned to commence this (Canadian) summer.

 

[Jigalong]

Anglo American are on even terms now at .60. That chart looks beautiful.

Does anybody know how they can start mining around and under all those lakes though ?

Jigalong