Maple Gold Mines Ltd V.MGM

Visions of Sugar Plums Danced in Their Heads

[Angelique01]

The last few days have felt like the prelude to the opening of gifts on a Christmas morning.  Visions of headline holes and amazing intercepts danced in everyone's minds.  The anticipation was palpable as the remaining 9 holes were to be released. The children couldn't sleep filled with excitement.  Unfortunately rather then the golf clubs Sherlock had wished for he got socks and an ugly christmas sweater.  Certainly not as bad as a lump of coal but clearly disappointing.  Certainly not a gamechanger and not what most people were expecting.
Share price up half a cent on today's news.  Aschi had it correctly summarized within minutes of the release over on ceo.ca

@Aschi  So three small Intervals out of 9 Holes - hmm - not impressed - what did we get - significant Exploration Potential again - massiv Drill Programm needed - cu next Year - next Milestone Resourceupdate later this Year - Gold down today - so no Worry this Train is gone -

Lots of potential here with MGM but it will take time to unlock and require a masssive drill program.  As for the word " bonanza"  one needs to look at Osisko for truly truly bonanza grades and exceptional thickness.  Same thing with AMEX at their Perron property   Not just 1 hole that is 1 metre.  Market not impressed with today's news.  Sold a small portion today at .32.  that I will be buying back at lower prices. For a while there today I thought nobody would buy them.
Short term risk is still high as we wait for the next catalysts.  Resource estimate and next drill programs.  Patience is a virtue with this stock.