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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

Comment by awacs1on Jun 21, 2020 2:18pm
131 Views
Post# 31174537

RE:Next PP more dilution

RE:Next PP more dilutionBulls..t 200 million shares is still in the low range for a blue sky with great potential. WM has 722 million and at the other end of spectrum GBR has 48 million shares. The key indicator is the MC, and BMK with a $15 million MC is definitely not in any trouble with a share count. MC for both WM and GBR is in the $750 range! The drill will tell the story. A PP which is made above current market with no Wts will tell a significant story.
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