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Maple Gold Mines Ltd V.MGM

Alternate Symbol(s):  MGMLF

Metals & Mining Gold
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

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Comment by woolcoon Dec 07, 2020 9:16pm
186 Views
Post# 32055335

RE:RE:RE:RE:RE:Previous post

RE:RE:RE:RE:RE:Previous postI agree 100 percent. 

They seemed so share holder focused.  Made clear statement that with 17M for drilling they will have no reason to go to public market for years. ...and then under 60 days later they chase 10M at 36 cents?  

Something not right.  This is currently an ethical issue to me....until I hear the real reason etc.

Reading everyone's comments....makes zero reason to raise money to avoid or to have a buyout occur.  Main reason would be they have a target company etc....they want to buy....to grow.  He did say this was the plan.  
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