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Maple Gold Mines Ltd V.MGM

Alternate Symbol(s):  MGMLF

Maple Gold Mines Ltd. is a Canadian-advanced exploration company. It is focused on advancing the district-scale Douay and Joutel gold projects located in Quebec's prolific Abitibi Greenstone Gold Belt. In addition, the Company holds an option to acquire 100% of the Eagle Mine Property, a key part of the historical Joutel mining complex. The Douay Gold Project is located over 55 kilometers (km) southwest of Matagami and 130 km north of Amos, Quebec, by road. The Joutel Gold Project is 100% owned by the 50/50 Joint Venture (JV) between Maple Gold and Agnico Eagle Mines Limited (Agnico). Joutel Gold Project is located approximately 70 km southwest of Matagami and 125 km north of Amos, Quebec, by road. The Eagle Mine Property is a 77-hectare property located several kilometers west of the former mining town of Joutel in mining-friendly Quebec, Canada. Its Morris property is located approximately 30 km east-northeast of the town of Matagami, or over 110 km north-east from the Douay camp.


TSXV:MGM - Post by User

Bullboard Posts
Comment by LbinLoLon May 23, 2018 12:08pm
153 Views
Post# 28069897

RE:Drilling progress

RE:Drilling progressDouay as it is now would only be bought out by a major corp and those major corp are not just yet in a buying spree phase.. They are preparing for it.. Gold over 1500 soon could accelerate the process. But come on.. Only going through 1400 would require a miracle..! What if Douay property still under 5m oz Au after this drilling phase.. It's not free to drill. Next PP at a lower SP ? Or Douay hit something big with those greenfields drills and next PP is at a higher SP ? Drilling greenfields looks like buying a loto ticket.. But it's a group of experts at reading the loto and best combiabtion to maybe hit the number.. But still... What are Douay's odds ??
Bullboard Posts