MegumaGold Corp NSAUF

Metals & Mining Gold

MegumaGold Corp. is a Canadian junior gold exploration company. The Company is engaged in the business of acquiring, exploring and developing natural resource properties, with a focus on precious metal properties located in Canada. The Company’s projects include Meguma Project; Osprey Projects-Goldenville Project; Osprey Projects-Caribou Project; Osprey Projects-Leipsigate Project; Caribou SW Project, and GoldCamps Project. The Goldenville Property is located in Guysborough County, Nova Scotia and comprises five contiguous unpatented mineral licenses totaling 137 claims (2,164 hectares). The Caribou Property is located 80 kilometers (km) northeast of Halifax, Nova Scotia. It also has interests in the Newfoundland Gold Belt Licenses consisting of seven mineral licenses, comprising over 3,025 acres in the Province of Newfoundland and Labrador, Canada, and thirteen mineral claims referred to as the Elmtree and Alcida Gold Claims covering approximately 7,000 acres in New Brunswick, Canada.

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MegumaGold Corp

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Post by TTMACon Jan 13, 2021 1:15pm

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Post# 32285871

Why is the price so cheap?

I think, right now, money may be keeping this stock cheap.
I dont know what moneys they have to advance the properties.
I as well did very well with Atlantic Gold and expect to do better in the future with St. Barbers.
There is a lot of gold in Nova Scotia. It appears to be spread out in smaller ammounts in many areas.
Maguma Gold is working the same way Atlantic bid with several past producing mines.
When gold was $200.00 to $300.00 dollars an ounce they were not worth mining but
now with gold where it is they are.
I feel Maguma Gold will do well when they get money to do more exploring and developement.
TTMAC

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