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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 Nov 08, 2012 12:41pm
255 Views
Post# 20577055

RE: RE: Private Placement

RE: RE: Private Placement

IMHO they pretty much had to,  it takes money to drill and I think they were getting pretty low on funds.  The good news is there gearing up for another round of drilling, after reading all of their previous press releases it sounds to me like they have a pretty good feeling that they arte close to hitting a sweet spot.   Lots of data over the last 3-4 years,  nothing is for sure but if they do strike in the right area it could propel this stock very much higher.  Yes there is some more paper but still   BMK at this price does not have a very high market cap so if they do hit a sweet spot   I could easily see 10-15 bagger right away if not even higher

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