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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 Mar 07, 2014 12:35pm
235 Views
Post# 22295113

RE:RE:RE:RE:RE:RE:Negative Posts

RE:RE:RE:RE:RE:RE:Negative PostsI wouldn't worry too much about delisting. This company has been around a long time and is in an area begging for resource extraction. Buy and sit tight, I continue to accumulate at these levels. We're quite fortunate to see 1 cent, we can buy a ton of shares without tremendous risk. 100k shares cost 1 grand, big whoop!

Shelbs posted recently that in the Spring they will be drilling again (it is cheaper when the ground is softer), and that is when they will look to get some financing. As it stands today, we haven't had a dump in a 2 weeks or so, hopefully that means our 1 cent base won't be hacked away. 

Last thing worth nothing: This management team runs other companies, and one of them, EGZ, is a graphite company that is building a BFS. I assume that company is eating up a lot of their time right now and once spring comes, we will get some news on BMK. 
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