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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Message: Re: mr smith better hurry or magpie iron stays in the ground during his lifetime
4
Nov 13, 2008 11:45AM

Nov 15, 2008 07:16AM

I think the plan is to do a PP for Magpie and then a public offering

The PP should add in my opinion about .50 / (50% 0f a $30M market cap) share to the stock price and the IPO $1 to $2 ( 50% of a 60 to 120M market cap initially for Magpie I think these are conservative estimates



7
Nov 16, 2008 06:15AM
2
Nov 16, 2008 09:00AM
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