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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

Post by Hedberg77on Apr 23, 2022 1:33pm
230 Views
Post# 34626352

Market conditions and stocks

Market conditions and stocksOne of the obvious elephants in the room is that the present macro conditions in the economy may make it tough to profit from any stock in the near term.  At what point does all the QE easy money become a hinderance?  Can small caps like Maple survive, let alone thrive in black swan scenarios?  Do you invest more at 0.28 because the price is down, hold, or sell, or run for the hills and find a safe haven to park the dough?  Does the paper value of PMs reflect actual value as fiat value dwindles?  It's so hard to say and as for me I have no idea.  While I like this stock and am long, that matters not.  Matthew and co, for their part - for what they can control are, imho, doing a great job.  However so much of what is going on right now is out of their hands.  Interesting times.  GLTA
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