Maple Gold Mines Ltd V.MGM

Alternate Symbol(s): MGMLF

Metals & Mining Gold

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

Maple Gold Mines Ltd > Ceo.ca

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Comment by bluegrass3on Aug 13, 2021 10:50am

133 Views

Post# 33700451

RE:RE:Ceo.ca

Hi JD,

Here's my wild theory of how that could play out:

AEM offers $0.80 for take out.
MGM says we will release really good data if you don't increase the offer.
I don't know if above is legal.
AEM goes back to table to figure out what thaey can offer without risking a bidding war if good data is released.
AEM comes back with higher offer in $1-2 range.
MGM says we will accept higher end of range.
Deal is done for $2.00.

Everybody is happy!

Maybe just a delusion, but it's Friday.

Cheers,

BG3

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