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 > Flow Through Shares?

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Comment by givemeabreak1on Dec 13, 2020 10:28am

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Post# 32095279

RE:RE:RE:RE:RE:Flow Through Shares?

schneps
It depends on your tax bracket! Break even on an Ontario Flow Through buying at .10 for me would be .06345 cents. The thing to remember is in most cases these flow through shares come with warrants. So if I sell my .10 flow through at anything over .06345 cents I am least even and have a whack of free warrants.... That is why you heard the person say a whack of flow through might free trade! Hope this helps!

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Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle