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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 digrdanon Jul 18, 2020 10:35pm
163 Views
Post# 31286380

RE:Gold Will Be King

RE:Gold Will Be King Even strength and consistency at 1800 will start to see a lot of acquisitions as most producers are hovering around all in costs that would make it a ridiculously profitable business right now... and if it continues long enough it'll just be a buy up race at these levels.... $5000 gold is ridiculous with the pressure put on the price to keep it this low now.. and to be honest we probably don't want to see a world that $5000 gold would bring! Think mad max... let's hope these values stay and strengthen that makes good but lower grade plays like this a hugely profitable purchase for companies with the financing to get it out of the ground.  
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