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Bullboard - Stock Discussion Forum Maple Gold Mines Ltd V.MGM

Alternate Symbol(s):  MGMLF

Maple Gold Mines Ltd. is a Canadian-advanced exploration company. It is focused on advancing the district-scale Douay and Joutel gold projects located in Quebec's prolific Abitibi Greenstone Gold Belt. In addition, the Company holds an option to acquire 100% of the Eagle Mine Property, a key part of the historical Joutel mining complex. The Douay Gold Project is located over 55 kilometers (km... see more

TSXV:MGM - Post Discussion

Maple Gold Mines Ltd > So the Lab sends back results one hole by one hole???
View:
Post by jdgreat1 on May 28, 2021 10:02am

So the Lab sends back results one hole by one hole???

Not in batch? Or The lab has sent back a bunch and it is taking time for MGM to compile?

20 Holes more to come, I belive the interviewer that more results will be released before summer break and SP will hit 80 cents to 1 buck over next few weeks.

On the buy-out, AEM owns 50%+12% (shares)=62% and MGM only owns 38%. To get to $10/shere, that is 3B to MGM, which means the whole property needs to be valued at 8B!!! WOW
AEM current MC is 20B.... BTO @6B... etc. Hard to belive but good to dream.

GO MGM !
Comment by jdgreat1 on May 28, 2021 10:10am
BMO dumped hundreds of thousands and smacked it down. not want it to rise too quickly?
Comment by dman1975 on May 28, 2021 10:16am
Hey, Just curious where you see this information of the share dumping ? 
Comment by Andrew73 on May 28, 2021 11:05am
I am very long this company but one of the issues with it is the historical capital structure / shares outstanding. There are a ton of weak hands that need to be churned through. 
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