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MegumaGold Corp NSAUF

MegumaGold Corp. is a Canada-based junior gold exploration company. The Company is engaged in the business of acquiring, exploring, and developing natural resource properties, with a focus on precious metal properties located in Canada. The Company’s projects include Meguma Project, Osprey Projects - Goldenville Project, Osprey Projects - Caribou Project, Osprey Projects - Leipsigate Project, and GoldCamps Project. The Goldenville Property is located in St. Mary’s District, Guysborough County. The Caribou Gold property is located 80 kilometers northwest of the city of Halifax, Nova Scotia and 10km south of the rural community of Upper Musquodoboit, in Halifax County. The Company also has interests in the Newfoundland Gold Belt Licenses consisting of seven mineral licenses, comprising 3,025 acres in the Province of Newfoundland and Labrador, Canada, and Thirteen mineral claims referred to as the Elmtree and Alcida Gold Claims covering approximately 7,000 acres in New Brunswick, Canada.


GREY:NSAUF - Post by User

Comment by blackgold14on Jul 14, 2021 10:07pm
114 Views
Post# 33547502

RE:RE:For Osprey Shareholders, Merger Has Been A Complete Failure

RE:RE:For Osprey Shareholders, Merger Has Been A Complete FailureIt's very clear to me that they can't handle it.  The price of gold has been in a upswing recently yet Meguma Gold shares just hit a 52 week low of 5 cents today.   For Osprey sahreholders, the merger with Meguma Gold has not only been a complete failure, it's been colossal.  While many other small cap gold stocks are moving up and recovering lately, Meguma Gold shares are hitting new all time lows.  It just shows you that the market has zero confidence in management and the plan going forward.  So what's next ?  A big share consolidation.  Bet on it.  This is what happens when management either does not have the ability to do the right things or simply doesn't care about the public, retail shareholders.  The lesson going forward.  Make a not of who the members of the "management" team and the board of directors and never invest a red cent if you see any one of them being involved in another public or private company.  Invest your hard earned moey with winners, not losers.  

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