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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 Doingmybeston Aug 09, 2013 11:42am
431 Views
Post# 21659489

RE:.02

RE:.02Yeah, I'm not surprised to see .02. I don't think we will see a firm bottom until this news has been digested. I wouldn't be surprised if we hit .01. We have over 300 million shares in circulation which is really diluted compared to other mining companies. If we hit a 1 billion dollar mine, our stock is worth 3 bucks, not 25...

The news wasn't anything special and continues the status quo. Onwards we wait...
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