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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 Iwant2Retireon Mar 11, 2023 3:50pm
139 Views
Post# 35332816

RE:The Room is Understandably Quiet

RE:The Room is Understandably Quiet
These are not exactly happy times for MGM and the economy as a whole. We didn't need higher interest rates.  According to everybody a recession is imminent. Gold will then go up but so what? Where is the money going to come from to continue the drilling? Where ever it comes from our shares will be diluted again. How many shares will it take to get enough financing to make it another 3 years?

Here we sit waiting for 2022 drill results just like we waited last year. How long will it be before we hear about winter 2023?  Eons. I'm just sitting and holding and waiting. And that's all I got to say about this.
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