Re: Magpie at One Percent of its In-Situ Resources = $8.65 Billion

Highly prospective exploration company

Resource projects cover more than 1,713 km2 in three provinces at various stages, including the following: hematite magnetite iron formations, titaniferous magnetite & hematite, nickel/copper/PGM, chromite, Volcanogenic Massive and gold.

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fishercat

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Re: Magpie at One Percent of its In-Situ Resources = $8.65 Billion

in response to

Magpie at One Percent of its In-Situ Resources = $8.65 Billion

TeleProbe

posted on Sep 02, 2013 02:20PM

Good Crunching TeleProbe...

Magpie is the reason I stayed with Fancamp after the debacle of '08, and I think it is still the property that will make us all very happy in the end. Keeping in mind that we have slightly less than half of the deposit (not forgetting Sheridan et al.), your conservative estimates translate to an area north of $20 per share, and that's exciting.

Sooo...hopefully we can get a new team in with the chops to go out and market this fantastic, above ground, easily mined resource.

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