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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

Comment by jdgreat1on Mar 02, 2021 8:04pm
208 Views
Post# 32701598

RE:RE:25.5 cents???? Is not it insane?

RE:RE:25.5 cents???? Is not it insane?I guess you must have bitter experience with MGM. But 200ma? Currently I really doubt it. Unless gold price tanks. MGM is in a new phase with AE as JV partner, not regular junior company any more. As long as the drilling proves the ounces , a mine is ganrranteed. And with the money currently we have, I don't think there will be delusion any more unless much bigger deals come to sight. So I think the downside is minimal and upside is limitless. Good luck.
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