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Maudore Minerals Ltd MAOMF

Metals & Mining Gold
Maudore Minerals Ltd is a Canadian based exploration and development company. It is primarily is engaged in the acquisition, exploration, development, and operations of gold mining properties in Quebec. The company's projects include Sleeping Giant, Comtois, Discovery, and Flordin mining properties.


GREY:MAOMF - Post by User

Maudore Minerals Ltd
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Comment by harmony305on Mar 18, 2013 9:36am
153 Views
Post# 21144699

RE: RE: RE: RE: RE: RE: RE: RE: Eagle Hill CEO Jan

RE: RE: RE: RE: RE: RE: RE: RE: Eagle Hill CEO Jan

pdcon,

80 cents after take out by major I assume? definitely not before merger.

Let's see EAG in rough numbers brings 2M oz per 200M shares or 1 oz per 100 shares to the table.

 MAO 1m oz per 20M shares or 5 oz per 100 shares

At 80 c/share EAG 1 oz is $80

MAO at 5 oz / 100 share, or $400 per 100 shares amounts to $4/share.

The merged company has to do better than that when selling to a major.

The merged company should be worth atleast double ($160/ oz) that amount.

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