Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 gamer007on Jul 12, 2020 3:10pm
428 Views
Post# 31257820

My first posting here.......Wow what a sleeper !!

My first posting here.......Wow what a sleeper !!Did not want to say anything till I aquired my entire position over the past  month...............and now feel compelled to contribute to this somewhat sleepy board..........

I Sense the the shareholder base is pretty worn out from the 6 to 12 cent range for a few years..............and I tip my hat to you die hards............who new this was a diamond in the rough.......and someday it wojuld shine !

I believe that day has arrived, as technically the volume and price is in break-out territory..........

Hitting .185 this week............I expect much higher prices over the next few months as we head into the next drill program..............Fred and the boys have really put their coveralls on and I look forward to them growing this resource over the next few years !

Stock price is responding to the price of gold moving agrressively in the upward direction, as well a project timing, as the team that has been going over hundreds of thousands of meters of historical results the past few years...........in now armed with aggressively unlocking a few million ounces more on the periphery of this deposit..........and at higher grade as well

.....super stuff !

If we just sell the 3 million ounces at $ 200 dollars/oz like Osisko did in 1014............we all would get $1 dollar per share tomorrow !

And what I luv is the exploration upside over the next few years..............

I can see 2.50 to 3 dollars a share in 24 months when gold hits.........$2200 in the bull phase !

This is my conceptual target............ I am using a template that I learned from Eric Sprott..............who hasn't arrive on our scene yet..........wait till he hears how sleepy this project really is ..............I have bought gold in the ground here at an average of 11 dollars /oz............

No joke.............. I agree that this is a mini-Osisko !!

GLTA
Bullboard Posts