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: in case of hostile take over ...
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Mar 13, 2012 11:01AM
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Mar 13, 2012 02:59PM
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Mar 14, 2012 12:25PM
As deminstrated by Consolidated Thompson, there are many negotiations still to be made. For example, serious money might buy out Sheridan and offer production cash for the offtakes. One never knows where Sheridan's head is at. Would Wisco offer 50mil for Sheridan's percentage and 200million for production and offtakes? That type of thing takes a shareholders stock to $10. Just saying Magpie is still very, very young and I believe there is strong motivation to create a legacy. Assuming the feasibility and valuations look good, this is Smith's shot. -SG
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Mar 14, 2012 02:32PM
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