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Maple Gold Mines Ltd V.MGM

Alternate Symbol(s):  MGMLF

Maple Gold Mines Ltd. is a Canada-based advanced exploration company. The Company is primarily involved in the exploration of mineral resources in Canada. Its projects include Joutel Gold Project, Douay Gold Project, Eagle Mine Project, and Morris Project. The Joutel Gold Project is 100% owned by the 50/50 joint venture between Maple Gold and Agnico Eagle Mines Limited (Agnico). The 39 square kilometers Joutel Project is located approximately 70 kilometers (km) southwest of Matagami and 125 km north of Amos. The Douay Gold Project is located in Quebec, Canada, approximately 2.5-hour drive north of Val d'Or 1.25 hours north of Amos via Highway 109. The Eagle Mine Project is a 77-hectare property located several kilometers west of the former mining town of Joutel in mining-friendly Quebec, Canada. The Morris is located approximately 30 km east-northeast of the town of Matagami and approximately 110 km north-east from the Douay camp.


TSXV:MGM - Post by User

Comment by aschi1on Mar 10, 2021 10:53am
136 Views
Post# 32762431

RE:RE:RE:RE:Remaining 8 holes

RE:RE:RE:RE:Remaining 8 holes@jdgreat - agree 80 MIL CAN sucks - but ? 

tradeable Warrents at 0,40 CAD and Agnico at 0,34 CAD - hardley to count them at this Level - and if they are exercised Shareprice should be well over 0,40 CAD 

We have 20 MILLION Cash , not 40 - not 60 - the 18,25 Millions that Agnico will spent - is for the next 4 !! Years - so if they don,t like to speed that up you can count on 15000 Meter Drilling per Year - as i mentioned earlier - they need to drill much, much more to bring Value in this Play - 

2,7 Mio Resource is now half because of the Joint Venture ( which i like ) 

Maybe Street is awake and thats it for the Moment - much Work to do - just at the beginning - hopefully Agnico share our Plans to bring this forword quickley - nothing to do then trust Matthew that he plays all the Cards well and the big Brother is on his Side

as we speak 0,25 CAD - is down more than 50 % from the High Weeks ago - frustrating and i am well in the Red right now - Good Luck 

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