Maple Gold Mines Ltd V.MGM

Shirleys Pitch at Mines and Money

[aschi1]

at Minute 37:04 - well done - very symphatic and optimistic as always -

Mining Pitch Battle 3 - 18 March 2021 - YouTube

47 % Winner with Viewers Vote , 2 Votes from the Jury - made it in the Final Round 

Keypoint for me - and thats really a Must in my Opinion - is to speed the Drillprogramm up with the Possibility that Agnico is spending the 18 Mio Dollars in two instead of the four Years Plan from the Agreement.

This is nessecary to prove up the 5 Mio + Ounces on the Way to 10 Mio wizhin the running Bull Market 

10 Bagger seems for me a  Way to optimistic in the next 24 Month - but * 5 would be very welcome ;)

Best Luck

[bluegrass3]

Hi Aschi, Do you have any metrics to justify your position of 5 bagger vs. 10 bagger. Is it based on assumption that 5M oz. won't be discovered by then? Price of gold won't rise by then? anything else? or just that 10 bagger i.e. $2.70 a share seems to good to be true. Cheers, BG3

[aschi1]

Hej BG3, just my Opinion - at 2.70 $ fully diluted - we have a MKT near 1 Billion - that should be for 50 % of the Ounces that will be on the Table - so Property is valued at 2 Billion  Without any economic Study - it seems just guessing in the Dark - depends what Joutel looks like - Highgrade ? -  I personally think there must be at least more then 10 Million Ounces to justify a MKT

[bluegrass3]

Hi Aschi, I appreciate your points. Seems very well reasoned. BG3