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MacDonald Mines Exploration Ltd V.BMK

Alternate Symbol(s):  MCDMF

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.


TSXV:BMK - Post by User

Comment by UptownGirlon Oct 08, 2019 10:26pm
54 Views
Post# 30210057

RE:RE:RE:RE:12 m of 52 g/t gold (Intercepts to Date)

RE:RE:RE:RE:12 m of 52 g/t gold (Intercepts to Date)Exactly.  In the words of Kevin O’Leary, How do I make money?  Regardless of what all the armchair geologists may say...really, it’s just about the sp rising.  Promising drill results cause that....and there’s no way of knowing for certain but you sure got to like the chances here of the next few holes.  You’re only as good as your last results...and our last ones were pretty good, and the ones before that moreso.  And I believe I’ll be able to look back and say the same thing after the next few batches.

dacre wrote: Exactly Sunnee!  Everyone should pin this post to their fridge!

Personally I don’t care if this or any other company finds a mine.  I just want to make money and I’m assuming everyone else here does as well.  The chances of any exploreco. finding a mine are pretty much zilch.  That doesn’t mean that we can’t make money speculating.  

And you want to put yourself in the best position to do so.  Well, look what we have here.  Strong results from two holes with several more to go.  And this is the killer...we know there’s visible gold in the other holes.  So, I like the chances that BMK reports further strong intersections...that the market responds kindly to that news....and that the sp continues its rise....and I along with other investors continues to make money...That’s it.

SuneeDaze wrote: All the silly posts below aside...

As an investor/speculator, I ask myself, "What is the probability that the company will generate similar or better follow up results to those already provided?" 

And knowing what we know about the visual reports already provided (so far all follow up holes contained visible gold with 005 containing multiple zones of vg), the probability of similar or better results are pretty solid, and I feel well worth the risk at this price.  But that's just me.

Take care.

SuneeDaze wrote:

UptownGirl wrote: Pretty impressive when you look at intersections of the first two holes in this program...

SM-19-001:

** 12 m of 52 g/t gold (incl. 3 m of 210 g/t gold)  **


** 5.5 m of 5.73 g/t gold (incl. 1.5 m of 17 g/t gold)  **

** 7.3 m of 11 g/t gold (incl. 1 m of 77 g/t gold) **
 
SM-19-002:

** 7.6 m of 8.6 g/t gold (incl. 4.2 m of 14 g/t gold) **

** 15.3 m of 3.2 g/t gold (incl. 0.9 m of 23 g/t gold) **

Also, recent grab samples ranged as high as 18.5 g/t gold as well as accessory metal assays that graded up to 0.21% nickel, 0.16% cobalt and 0.024% copper.

 

 




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