Did Power John C [BuySell] More Magellan Gold Corp Shares?

June 26, 2018 - By Jeanette Garcia

Magellan Gold Corporation (OTCMKTS:MAGE) Corporate Logo

Magellan Gold Corp has increased Interest, Power John C posted

Power John C filed with SEC a SC 13D/A form about Magellan Gold Corp. The form can be accessed here: 000101103418000064.The Power John C ‘s stake increased by 19.11 % for 11,012,330 shares.Power John C currently owns 10.87% of the stock. This ownership filing was filed because activity on May 31, 2018.

And that’s Why Power John C Holds Magellan Gold Corp

ITEM 4. PURPOSE OF TRANSACTION

The securities of the Company were acquired by Mr. Power for investment. Mr. Power reserves the right to acquire or dispose of additional shares of the Company’s common stock, either in open market purchases or in private transactions.

Ticker’s shares touched $0.0305 during the last trading session after 1.61% change.Magellan Gold Corporation is after having 0.00% since June 26, 2017. MAGE has 38,000 volume or 57.05% up from normal. MAGE underperformed by 12.57% the S&P 500.

Magellan Gold Corporation, an exploration stage company, engages in the acquisition and exploration of mineral resources in Arizona, California, and Nevada.The firm is worth $3.22 million. The company's is the Silver District project area that consists of 87 unpatented lode mining claims, 6 patented lode claims, an Arizona State Exploration Permit of 334.85 acres, and 23 unpatented mill site claims covering an area of approximately 2,000 acres located north of Yuma in southwest Arizona.Currently it has negative earnings.

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