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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 Shylockreturnson Oct 20, 2020 4:31pm
495 Views
Post# 31749713

Maple Gold Is the New Whiz Kid in the Gold Patch!

Maple Gold Is the New Whiz Kid in the Gold Patch!This excellent company is going to make literal fortunes for those who had the tenacity to hold their shares and hopefully buy more when a certain ANALyst cut the legs out from under it several years ago at the VRIC by denigrating one of Maple's illustrative drawings.

Remember that, guys and gals?

That commenced a period of "share price malnutrition" with the shares remaining becalmed in the doldrums for years.

Well, look at our little gem now! 

Who knows more about geology, AEM and MGM geos or the supposed ANALyst???  Come to think of it, I wonder how many MGM shares said ANALyst may have picked up on the cheap that he created.

I would put my money on Fred Speidel, Maple Gold's excellent geologist and AEM's geologists over the detractor which makes Maples's VRIC detractor either an incompetent or a crook.  You all decide which.

Those shaken out of their shares by the derogatory comments should bring him to account.
But that would almost certainly prove a fruitless endeavour and a waste of time.

But now, years later, we learn that Maple Gold was telling the truth all the time about the huge potential of their properties as corroborated by Agnico - Eagle.

What is the moral of this story?  Always do your own due diligence on a tiny, yet highly promising, junior gold explorer and when a snake comes a-crawlin,' make sure it's not there for the purpose of transfering the shares of that company from your pocked to its own, not because it is an altruist but because it is quite the opposite.

There are many ways to steal from a bloke and you witnessed just one of the more creative ones here.  I hope those who dumped their Maple shares those several years ago after the VRIC incident were able to get them back and sadly, just did not move on.  Better still, you did not dump them at all because this company is headed either for a multi-dollar share price or for amalgamation with what I consider the best of the major producers out there, Agnico - Eagle.

Great good fortune to all.


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