MacDonald Mines Exploration Ltd V.BMK

Alternate Symbol(s): MCDMF

Metals & Mining Industrial Metals & Minerals

MacDonald Mines Exploration Ltd. is a Canada-based mineral exploration company. The Company is focused on the evaluation, acquisition, and development of precious and critical metals properties in Ontario. It is primarily focused on locating an economic deposit within its 100%-owned Scadding-Powerline-Jovan (SPJ) Project in Northeastern Ontario, located 20 kilometers east of the prolific Sudbury Mining Camp. The SPJ property consists of the Scadding, Powerline, Jovan, Blueberry, Loney and Golden Copper properties located east of Sudbury in Northern Ontario. The SPJ Project is targeting a system of interconnected precious and critical metals mineralization zones on an underexplored land package, which hosts the past producing Scadding Gold Mine and multiple known critical and precious metals prospects and showings. It also covers a Metasomatic Iron and Alkali-Calcic (MIAC) mineral system that formed polymetallic Cu-Au and Au-Co, Au, Silver, and REE exploration targets.

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MacDonald Mines Exploration Ltd

Bullboard Posts

Post by wordsouton Jul 23, 2013 7:58am

432 Views

Post# 21623810

Based On Bid/Ask

The Volume on the bid compared to the volume on the ask is huge. The bid/ask price isn't anything to write home about however it gives the appearance of a dam ready to burst at the first release of any good drilling results and especially any positive news on the Ring of Fire.
This is a waiting game and a very good speculative buying price although it's definately a buy, hold and wait game.

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