This stock has become a "show me" stock. They're down to their last millions. The market pretty well knows this. There is no rush to get in.
Should the assays results be positive,the stock will respond on the upside. Should it be negative, well it will go down and stay there until the next financing round as they will have gone through all of their cash...
The future of Magma Metals will be played in the next four to six weeks...
Pretty sad to be in such a position after spending $40,000,000 on the property.
The next few months will be interesting. New management? Take-over? Stay tuned...
MMW Price at posting:
30.0¢ Sentiment: Hold Disclosure: Held
