Magnesium Alloy Corp. (MGAC.U - Cdn unlisted)

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Gold/Mining/Energy
Magnesium Alloy Corp. (MGAC.U - Cdn unlisted)

An SI Board Since May 1998

Posts	SubjectMarks	Bans	Symbol
103	2	0	MGAC.

Emcee: GlobalMarine	Type: Unmoderated

Introduction Market Data Compact

Magnesium Alloy Corp. (MAC) holds a 100% interest in two exploration permits located in the Republic of Congo. Each permit covers 2,400 square kilometres and is underlain by magnesium salt deposits that are among the largest and cleanest of their kind in the world, exceeding 800 billion tonnes in indicated reserves.

MAC will evaluate and, if proven feasible, finance, and build a mining facility producing an initial 50,000 tonnes per year of magnesium metal. By-products will include potash, table salt, calcium chloride and chlorine. The company believes it will be the lowest-cost magnesium producer in the world, at US$1400 to $1600 a tonne production cost vs. approximately US$2500 a tonne market price.

The energy requirements for the facility can be supplied from existing Congolese natural gas and oil production and hydroelectric facilities, all of which are expected to be low cost.

As at December 31, 1997, there were 13.8 million shares outstanding and 17.4 million shares fully diluted. Cash position was $3.4 million.

magnesiumalloy.ca

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Reply	Message Preview	From	Recs	Posted
103	Deployment to the DRC: The Rwandan Dilemma 17 April 2001 stratfor.com After yea	Ron Everest	-	4/18/2001
102	MAGNESIUM ALLOY CORPORATION Trading Symbol: MGAC.U Exchange: Canadian Dealing	Ron Everest	-	10/5/1999
101	Thanks for sending me the article Ron. It appears it is now loaded onto the co	Tom McIlwain	-	7/14/1999
100	MGAC.U sent out an email today which is a promotional article by Delta Securiti	Ron Everest	-	7/9/1999
99	For others, here is the MGAU web site address: magnesiumalloy.ca	Ron Everest	-	6/3/1999
98	I was just looking through the company's website. There is some very detai	Tom McIlwain	-	6/2/1999
97	Thanks Tom, I'm sure that there are a number of issues including: - Fina	Ron Everest	-	6/2/1999
96	Ron,Rand: That seems like great news, but there doesn't seem to be much of	Tom McIlwain	-	6/2/1999
95	<b>Feasibility Study Confirms MAC's Potential as Low-Operating-Cost M	Ron Everest	-	6/1/1999
94	My thoughts agree with yours on MGAC. With the rush on to produce vehicles wit	Ron Everest	-	5/18/1999
93	Ron: Mentioning SNC's pre-feas. study probably means that the results are f	GlobalMarine	-	5/18/1999
92	News Release: We will soon see if the market has interest in this deposit....b	Ron Everest	-	5/17/1999
91	Very encouraging indeed: Canada: MGAC.U - Magnesium Alloy Corp Close price	Ron Everest	-	5/1/1999
90	Ron: I haven't checked MGAC's stock price in a week and I'm pleased	GlobalMarine	-	5/1/1999
89	Hi Ron: Thanks for reminding me...I don't follow MGAC's stock price on	GlobalMarine	-	4/14/1999
88	Rand, Some minor momentum and uptick happening in the past few days trading. H	Ron Everest	-	4/13/1999
87	You're welcome Rand, hope she was not feeding me a line! Best regards, Ron	Ron Everest	-	3/16/1999
86	Hi Ron: Thanks for posting the info! Very interesting stuff! Regards, Rand	GlobalMarine	-	3/16/1999
85	Talked to Sally at MGAC.U today: They are waiting on the prefeasability study	Ron Everest	-	3/16/1999
84	Thanks Rand, I will also try to reach them Best regards, Ron	Ron Everest	-	3/16/1999
83	Ron/Tom/DB: Anyone hear anything about MGACU these days? Every time I call, no	GlobalMarine	-	3/16/1999
82	Thanks for the information on Mg and Ford. MGAC usually sends such information	Ron Everest	-	2/6/1999
81	Ron/Rand, FYI, Automotive News of January 25, 1999 ran a one page (p22) regard	Silver Super Bull	-	2/6/1999
80	Could be the hype of the Gold Show in Cape Town, but.....lets hope that somethi	Ron Everest	-	2/5/1999
79	Thanks, Ron. More action to the upside on the stock today. I hope this reflects	GlobalMarine	-	2/5/1999

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