magna back in the game, page-4

Hey Outrigger

Do you think there is a chance they can reach an out-of-court settlement?

IMO, the ideal scenario would be for them to do a share deal, whereby Forsys Metals would be given a parcel of shares in MAN so that this reputable owner of Ancash would become the cornerstone shareholder. In return, Ancash would be merged with Black Range.

The only problem I see are (1) MAN has no cash, their listed oppies with 20c exercise price are soon to expire, so the opportunity to raise serious capital has been lost, plus (2) its controlling shareholder lacks credibility and has been known to take short-term opportunity for personal gain.

Just my thought