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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 Nov 07, 2019 4:09pm
116 Views
Post# 30323786

I'm Out

I'm OutNow that we're at these sp levels, it's going to be tough to advance significantly.  I really like the project and the results garnered to date, but there's going to be a lot of pressure acting on the sp....1/2 cent flippers, financings becoming actively traded, etc.  And with the sheer number of shares out there, it's going to be a tough slog.  It'll take some crazy good numbers to advance significantly with all if this weighted on the company.  And the junior exploreco. markets are in tough as well.

Anyway, wish everyone the best.

Time to continue the quest to find those undervalued gems...gotta love earnings season!
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