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.

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 Doingmybeston Apr 07, 2013 12:51pm
248 Views
Post# 21223040

RE: RE: Management

RE: RE: Management

What's wrong with what he said? He's completely right that these guys also manage 3 other struggling stocks. 

Issue with EGZ (I own that one), is that while they have a great resource, they posted that it needs 160 million dollars to get it running. Anyone believe that kind of money can be raised in this market? That is a wait and hold in my opinion (which is what I am doing). 

RPX - I also own that one, bought it at dumpster fire levels with some spare change. They do nothing, literally nothing. That was a hope and pray for me, but the amount invested is less than 1 iPad so big deal. It was actually worth decent money in 2010 (20x todays value), and that was my rationale for jumping in at 52 week lows. 

TUF - Never done anything, completely useless. Why this exists I have no idea. 

Anyways, that grumble was just to say that these guys are involved in other stocks that are dragging their feet. I appreciate that kind of information because it can separate emotional attachment from reality. My sentiment is different from his, which is hold and wait. If junior mining made up more than 10% of my portfolio, I may think otherwise. 

Bullboard Posts