MAG General Discussion 2022

scumbo

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QUARTERLY ACTIVITIES REPORT 31 JANURY 2022
 

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Logic60

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QUARTERLY ACTIVITIES REPORT 31 JANURY 2022
Ha ha. You didn't last long over on HC !!! They moderated you VERY quickly. Lucky I got in early to pick up your tip for this site which looks great. They haven't moderated me yet but it will be soon!!! Laughable. Over there if you post something sensible, you often get attacked and then when you report the post that is either off topic or sheer bullying they do nothing? I got into trouble initially for trying to inject some humour into my posts and attracted a stalker or two that were obviously unhinged and it was becoming a bit frustrating. I have learned my lesson so will just temper my postings to sheer fact and points of interest. Thanks. The more they delete posts over on HC the more counter productive that will be. Be an interesting watch. I look forward to reading some valuable and sensible posts for a while.
 
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scumbo

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cheeky buggers... maybe i should have dropped a image of the site over on HC. They must be working overtime trying to stop the exodus
 
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Logic60

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cheeky buggers... maybe i should have dropped a image of the site over on HC. They must be working overtime trying to stop the exodus
Hello Scumbo. I live locally to where there is a lot of MAG activity at Bodangora and drive out there from time to time to observe drilling and exploration activity. There has been a lot of activity in recent days it appears from visible Geo bags appearing in greater numbers. I was posting updates over on hot crapper but there are a few weirdo's on there attacking me virtually everytime I posted (useful) information. They are rarely ever moderated, if at all which has puzzled me why they had free rein yet when I complained I often was moderated. Oh well, not to worry I am here now and hoping I have not infected all the threads with our lovely argricultural landscape!! I reckon this recent round of RC testing was possibly above the old 130 year old Mitchells Creek shaft now out of commission obviously. There is another old mine about a KM over the hill and down the paddock that there has finally been some activity down there as well I saw today.
 

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Gort8

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Hi Logic60, are you the Lman from HC? I hope so as I always enjoyed your informative posts. :)
 
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Logic60

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Hi Logic60, are you the Lman from HC? I hope so as I always enjoyed your informative posts. :)
Yes I am. Changed my user name to try and avoid those horrible stalkers on MAG over on hot crapper than never seem to get moderated but infect posts. I am highly suspicious they were in there to drive shareholders away with their constant off topic and malicious posts. It was way too heavy to be real? Much happier over here. There are plans to go for a drive on Sunday up Driell Creek Road to the ALK ground and a squizz around the MAG activities for a look with friends that has been planned for some time but Covid outbreaks and our respective health issues have stymied the excursion a few times. I will do my best to post any local content we see and report truthfully and as accurately as possible. Thanks for your comments, it is refreshing to know there are good people out there as opposed to some of the really nasty elements that infect HC and seem to have free rein for some reason? I am in trying to buy some BRN this morning and it looks liked an inflation fuelled "Bad Fiday" on the market today so will be watching stocks closely, bearing in mind we all detest RED ink !!!!
 
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scumbo

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Hi Logic60,

Firstly I always appreciated your posts and photos as they were informative and indicates/confirms progress. i have travelled out that way many times over the last 35yrs, driving up to Qld to visit my folks. so when you post those pic i try and figure where it was in relation to me travels.
Yes that HC is a toxic shithole filled with nut cases everywhere... I dont even open to look anymore. I figure if i missed some great info from some truly great and smart people it is ok as i could noloner stand the DHs.

Anyhow keep them coming, love ya work
 
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Gort8

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I'm glad you are here Logic60. Are you also on the ASM thread? I'm not sure if an ALK thread has started. I have been with ALK since 2011 and looking forward to both ALK & ASM reaching their potential in the next few years. My uncle lives in Dubbo, however seems to be unaware of both ASM & ALK.
 
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kalinda

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cheeky buggers... maybe i should have dropped a image of the site over on HC. They must be working overtime trying to stop the exodus
Yes they are, they have automated moderation's for words like " other site " , or " the stock exchange ". Too funny they are ducking and weaving as they run for cover ... useless grubs...
 
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Logic60

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Yes they are, they have automated moderation's for words like " other site " , or " the stock exchange ". Too funny they are ducking and weaving as they run for cover ... useless grubs...
Agreed. HC is toxic. Also @Gort8. I too am in ASM and ALK and have been watching them closely and took a drive out to Toongi (ASM) a few weeks ago and took several pictures. As things progress there I will continue to go and have a look at progress. Hoping MAG have some decent announcements soon. I was very interested in the long time they spent drilling at Bligh Street unplanned from what I could see and I am hopeful they struck something they liked. Wish Silvermarc would come over here. He is a decent poster as well who was heavily victimised on HC for some peculiar reason? Green Bull is another quality poster over there. I had to change my name from the HC tag to protect the innocent. There are some real weirdo's on HC?
 
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Gort8

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Agreed. HC is toxic. Also @Gort8. I too am in ASM and ALK and have been watching them closely and took a drive out to Toongi (ASM) a few weeks ago and took several pictures. As things progress there I will continue to go and have a look at progress. Hoping MAG have some decent announcements soon. I was very interested in the long time they spent drilling at Bligh Street unplanned from what I could see and I am hopeful they struck something they liked. Wish Silvermarc would come over here. He is a decent poster as well who was heavily victimised on HC for some peculiar reason? Green Bull is another quality poster over there. I had to change my name from the HC tag to protect the innocent. There are some real weirdo's on HC?
Agreed @Logic60. I am still on the other forum however it sometimes feels like a free for all. I find it reassuring that you are on this thread and hope other reasonable posters join. I am hoping that A@couch joins as I do enjoy her charts very much. I was in MAG however sold out when it seem to wander in its program. I'm still interested and just watching at the moment. Nearology with ALK is an interesting approach with MAG and I understand that a number of its tenements border Boda. How do you see MAG positioned in terms of ALK. I think it would also be great if Green Bull joined as well.
 
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Logic60

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Agreed @Logic60. I am still on the other forum however it sometimes feels like a free for all. I find it reassuring that you are on this thread and hope other reasonable posters join. I am hoping that A@couch joins as I do enjoy her charts very much. I was in MAG however sold out when it seem to wander in its program. I'm still interested and just watching at the moment. Nearology with ALK is an interesting approach with MAG and I understand that a number of its tenements border Boda. How do you see MAG positioned in terms of ALK. I think it would also be great if Green Bull joined as well.
The Bush Telegraph got me tonight. Appears there was a well kept secret of a meeting called of all landholders on Monday with offers to buy their land. It got out tonight as it does in a small country town. Will take me a week or so for more accurate sources to confirm but it is one of the major players. Can someone buy another co's tenements freehold???? I am assuming they can, nothing to stop someone wanting to buy all the farm land and villages if they offer the right money. My initial and very conservative thoughts are it is a long range plan to buy everything in the Boda region if there is the likelihood of a future mine in the region other than something that has prompted the offers? A few of us are taking a drive out that way on Sunday, might learn more. Hard to acquire that old generational family land of owners who love it out there. They will need a decent sized cheque book....interesting. P.S. is not insider trading as will be common knowledge in town by the weekend :) have to be careful though, a few around here can alter a story without much difficulty :)
 
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The Bush Telegraph got me tonight. Appears there was a well kept secret of a meeting called of all landholders on Monday with offers to buy their land. It got out tonight as it does in a small country town. Will take me a week or so for more accurate sources to confirm but it is one of the major players. Can someone buy another co's tenements freehold???? I am assuming they can, nothing to stop someone wanting to buy all the farm land and villages if they offer the right money. My initial and very conservative thoughts are it is a long range plan to buy everything in the Boda region if there is the likelihood of a future mine in the region other than something that has prompted the offers? A few of us are taking a drive out that way on Sunday, might learn more. Hard to acquire that old generational family land of owners who love it out there. They will need a decent sized cheque book....interesting. P.S. is not insider trading as will be common knowledge in town by the weekend :) have to be careful though, a few around here can alter a story without much difficulty :)
Hi Logic
Good to see you over here. I hope you are having some luck with your greyhound and getting a few winners in the races.

Pretty excited about MAG and hope it isn't misplaced. I think if they hit it big at Bodangora there is a possibility of a deal coming up as it could fit in very well with Alkane's Boda.

Maybe that is what the offer for the farmland is about if it turns out to be true and Alkane are involved.

All the best and hope you are keeping well.
 

Logic60

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Hi Logic
Good to see you over here. I hope you are having some luck with your greyhound and getting a few winners in the races.

Pretty excited about MAG and hope it isn't misplaced. I think if they hit it big at Bodangora there is a possibility of a deal coming up as it could fit in very well with Alkane's Boda.

Maybe that is what the offer for the farmland is about if it turns out to be true and Alkane are involved.

All the best and hope you are keeping well.
Hello. Thanks for the post. We are driving out that way today to ALK Boda and MAG ground. very sketchy at the moment but it looks like there was a meeting of all landholders called last Monday and offers made. It looks like it is ALK? Why would they make offers on MAG tenements? It was to fly under the radar but got out slowly. Believe some landholders are not happy. We are suspicious (until we get more detailed accurate reports) that ALK and MAG may possibly have had discussions. It is all up in the air at the moment and pure speculation. My personal feelings are that ALK are simply positioning like they did at ASM Toongi and are slowly acquiring all available nearby land. They bought Rory's property a few years ago near Boda and maybe are looking to acquire more for future 10, 20, 30 years of planning for an eventual operation after Tomingley maybe? Likely Boda/Kaiser/Duke? But, if there are economic reserves under MAG ground at Bodangora, then that ground too may be valuable. Guess we will know in time. If the early reports are accurate, the fact that someone wants to buy all the available land at "overs" means they mean business one would think. Certainly not a "walkaway". ALK have $118 Mill in available cash, MAG are not so heavily cashed up. Will be some interesting developments coming possibly? Know more soon, possibly today even? One is fully permitted to comment on real estate and property developments in the wind!!!!

DYOR
 
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Hello. Thanks for the post. We are driving out that way today to ALK Boda and MAG ground. very sketchy at the moment but it looks like there was a meeting of all landholders called last Monday and offers made. It looks like it is ALK? Why would they make offers on MAG tenements? It was to fly under the radar but got out slowly. Believe some landholders are not happy. We are suspicious (until we get more detailed accurate reports) that ALK and MAG may possibly have had discussions. It is all up in the air at the moment and pure speculation. My personal feelings are that ALK are simply positioning like they did at ASM Toongi and are slowly acquiring all available nearby land. They bought Rory's property a few years ago near Boda and maybe are looking to acquire more for future 10, 20, 30 years of planning for an eventual operation after Tomingley maybe? Likely Boda/Kaiser/Duke? But, if there are economic reserves under MAG ground at Bodangora, then that ground too may be valuable. Guess we will know in time. If the early reports are accurate, the fact that someone wants to buy all the available land at "overs" means they mean business one would think. Certainly not a "walkaway". ALK have $118 Mill in available cash, MAG are not so heavily cashed up. Will be some interesting developments coming possibly? Know more soon, possibly today even? One is fully permitted to comment on real estate and property developments in the wind!!!!

DYOR
My brain is saying there may be some sort of tie up with MAG and Alkane in the local area near Boda but we will have to wait and see. It would possibly depend on the results for the Bodangora drilling but who knows it may even be for Lady Ilse and the whole area there.

I am hoping the high grade Gold at Bodangora(if the results are good)gives Alkane a reason to want MAG's local ground or to do a merger/farmin or buyout with MAG.
 

Logic60

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My brain is saying there may be some sort of tie up with MAG and Alkane in the local area near Boda but we will have to wait and see. It would possibly depend on the results for the Bodangora drilling but who knows it may even be for Lady Ilse and the whole area there.

I am hoping the high grade Gold at Bodangora(if the results are good)gives Alkane a reason to want MAG's local ground or to do a merger/farmin or buyout with MAG.
No activity Lady Ilse today and bake was in the slasher and busy there but plenty of new Geo bag piles at the old shaft #1 at Bodangora and a few more down at Dick's Reward. Very interesting place and learning the history of the region all the time. MAG have also got some more target pegs out below where they have shown a lot of interest recently? The results will be interesting as they have been busy there in recent weeks. MAG and ALK were using the same drilling company but there is a new co in place today. Strike Drilling? ALK I think? Not sure, too far away in the paddocks to make out the signage on the trucks. Green bag piles everywhere, they sure have been swiss cheesing the joint!!! No further confirmation of the meetings with landholders as yet. Something might come out this week. See what transpires in time I guess?
 
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No activity Lady Ilse today and bake was in the slasher and busy there but plenty of new Geo bag piles at the old shaft #1 at Bodangora and a few more down at Dick's Reward. Very interesting place and learning the history of the region all the time. MAG have also got some more target pegs out below where they have shown a lot of interest recently? The results will be interesting as they have been busy there in recent weeks. MAG and ALK were using the same drilling company but there is a new co in place today. Strike Drilling? ALK I think? Not sure, too far away in the paddocks to make out the signage on the trucks. Green bag piles everywhere, they sure have been swiss cheesing the joint!!! No further confirmation of the meetings with landholders as yet. Something might come out this week. See what transpires in time I guess?
Thanks Logic60. I have decided to up my parcel. With the new manager coming soon and a lot of drilling action it is a very active time.

Hoping for some good results soon as the stocks are moving with good results.

With how close Alkane are to these high grade prospects it adds an extra layer of possibilities.

I am also hoping Alkane's resource figures for Boda is going to excite the market.
 

kalinda

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The stocks are moving with the Gold Price...(Inflation, Rise in interest rates) (War, Russia-Ukraine)
 
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The stocks are moving with the Gold Price...(Inflation, Rise in interest rates) (War, Russia-Ukraine)
Waiting for the new manager to start and the results from Bodangora.

As per usual though wait and see what the results are so it is still a gamble at this stage.

Prospects seem good so hopefully good weather to enable drilling and good results will surge the share price.

Hopefully the new manager will get free reign to explore the prospects and we get a lot of action.
 
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kalinda

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Two afternoon trades doesn't really ooze confidence while the P.O.G is well on the rise...
 
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