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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 > 'MGM'..Currently has a mrkt cap of $50 mill..While having..
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Comment by Angelique01on Nov 15, 2022 9:46am
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Post# 35099499

RE:RE:'MGM'..Currently has a mrkt cap of $50 mill..While having..

RE:RE:'MGM'..Currently has a mrkt cap of $50 mill..While having..
ardbegoil wrote: Agnico themselves have already stated in writing that they think Douay is bigger than Malarctic and they just paid $3 Billion dollars for the other half of that and it as been producing for over 10 years......That would be $15 dollars per share for MGM's half position at Douay.....So you are correct., $2 would be a tad low...lol......best to all


More BS.  If Agnico truly thought it was bigger than Malartic they would have bought MGM outright for $100M and not entered into a JV.  In order to come to that Malartic 2.0 conclusion you need drill results similar to Malartic.  So far the drill results have failed to live up to that potential.
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