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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
Post by Rocket444on Jun 27, 2018 2:37am
135 Views
Post# 28234522

Gold's future

Gold's futureWith governments and central banks papering the world with debt that cannot be repaid, fiat currencies seem destined for complete failure without some reset with gold backing.  China, Russia and others have been accumulating massive amounts of gold in the past few years.  Global western powers may try issuing SDR's as a bandaid, but that will not work if they are only backed by fiat currencies.

Crypto currencies sound interesting, but look as intrinsically worthless as fiat currencies in the future unless they are backed by real money, which is gold and silver. That's not to say that money can't be made in cryptos.

The decades long price suppression of gold and silver continues to this day, but cannot last forever.

It's hard to say exactly how this will all play out, but gold, silver, and miners seem like a pretty good bet to me.....
Bullboard Posts