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MacDonald Mines Exploration Ltd V.BMK

Alternate Symbol(s):  MCDMF

MacDonald Mines Exploration Ltd. is a Canada-based mineral exploration company. The Company is focused on the evaluation, acquisition, and development of precious and critical metals properties in Ontario. It is focused on exploring its 100%-owned, 19,455 ha Scadding-Powerline-Jovan (SPJ) Project located 20 kilometers (km) southeast of the prolific Sudbury Mining Camp in Northern Ontario. The SPJ property consists of the Scadding, Powerline, Jovan, Blueberry, Loney and Golden Copper properties. Scadding Mine, as well as additional mineral claims that surround the Scadding Mine site, which is located in Scadding Township near the Wanapitei-Ashigami Lakes district, east of Sudbury, Ontario. Its Hembruff Copper property consists of 30 mining claims over 6.64 square kilometers.


TSXV:BMK - Post by User

Comment by Goldenringon Jun 03, 2012 7:02pm
369 Views
Post# 19976162

RE: RE: anyone

RE: RE: anyone

I think its more a case that most people are frustrated with all of the juniors,  I think that right now you could announce a that you hit a huge reserve of Gold and you may not even get noticed.   There is no appetite for risk right now,  not even large Cap stocks who have cash flow and pay dividends.  Just take a look at Teck Resources     TCK.B    They had a great year last year and they had a very good first quarter this year and they are down around 30% from there inter year high and down around 50%  from their 52 week high.

Too be honest I'm almost hoping they takethere good old time with their present drilling because even if they come out with good results I think that they could go unnoticed.   Anyways at some point I'm sure the tide will turn and things will all work themselves out.

Patience wll be required

 

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