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Consolidated Magna is a Vancouver based junior with operations in Mexico, Voisey Bay and Indonesia. The company has taken an aggressive position in Mexico which should provide plenty of excitment throughout the summer. It's latest property is the Reina d'Ora located approx 12 km NW of Francisco gold's El Sauzal deposit and covers 1064 Hectares. Previous exploration work failed to turn up the high-grade results they were seeking, operations were suspended. The Mexicans working the property believe it to contain 33 tonnes of 2.1 g/t gold which would imply just over two million ounces of gold. Taken from an e-mail by the Canadian Speculator. Look for this stock to start moving next week, any comments? |