Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Bullboard - Stock Discussion Forum 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... see more

TSXV:MGM - Post Discussion

Maple Gold Mines Ltd > Market conditions and stocks
View:
Post by Hedberg77 on Apr 23, 2022 1:33pm

Market conditions and stocks

One 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
Comment by satchmo6 on Apr 23, 2022 1:39pm
The meatheads are mostly in the Toronto area
Comment by bluegrass3 on Apr 24, 2022 12:33pm
Hi Hedberg, I agree with your assessment.  Matt has said several times that this should be a multi-dollar stock. Truth is, it isn't.  King World News "experts" said gold price should be anywhere from $3000-$35,000.  Truth is, it isn't.  Price is reality, anything else is speculation.  I think until market sentiment changes, we are stuck, regardless of ...more  
Comment by pokinfun on Apr 25, 2022 9:29am
This post has been removed in accordance with Community Policy
Comment by dman1975 on Apr 25, 2022 4:04pm
I only own a small amount of shares in maple, but do we really think they will have a mine at some point ? Any thoughts on timeline of a mine ? 
Comment by Hedberg77 on Apr 25, 2022 8:57pm
Dman1975 - given the scope of the district and the partners involved, their is a reasonable probability of a mine way down the road.  The historic drill results, management's acumen, current drill programs and the Agnico Eagle connection are encouraging factors.  However, you've got to (imho) be thinking a number of years down the road.  A further question is, if some of the ...more  
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities