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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

Post by SuneeDazeon Oct 03, 2019 3:44pm
74 Views
Post# 30193375

Financing

FinancingMight as well chime in on this as well.  Yes, it was quite favourable for Mr. Sprott as it always is to the financiers...those willing to shell out the funds to help support a company essentially looking for treasure!  I was expecting them to maybe go to market after the next batch of results, taking advantage of an sp run after the next batch of holes.  But, like they say in the business, you never turn down money.  You can bet darn well that Mr. Sprott wanted in as well before the next batch of results are released...and that I take as a very positive sign.
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