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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 Shylockon Jun 05, 2018 10:05am
137 Views
Post# 28125313

RE:Apologies

RE:ApologiesLbinLoL -

Now you're talking!  I was not attempting to be harsh, just snap you back into reality.

Speculating - some call it 'investing' - in the junior golds is possibly the most nerve-wracking sector of all because they are subject to a lot of manipulation and there are in fact a lot of unsavory players in many, not all, of these companies.  They are what are referred to commonly as "holes in the ground with liars at the tops" and those "liars at the tops" tell you anything to get you to pour in capital into their "holes."

But I do not believe we have that case here with Maple Gold.  I believe they are the real deal, and one of the reasons I believe that is the hit piece by Bent Crook on Kitco.  These shysters will talk a company down just so they can make money on the shorts while at the same time buying for the ride back up.  They tend not to do this in the cases of companies with no promise.

I think we have seen the low in MGM and their rebuttal setting matters straight should be out any time.

When in this sector you have to have a cool head and a strong stomach and have done your homework on the company.  I have found that serious companies tend to have more serious posters also, not the "here today, gone tomorrow" types looking for a 'quick hit.'


Whether a "smacked down" stock comes back up depends on what caused it.  In this case, disinformation.  In such a case, it will come back up as additional good news is released and the company takes matters into hand.  Don't sweat that.

The best of luck to you and us all and thanks very much for your reasoned post.
Bullboard Posts