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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

Maple Gold Mines Ltd > Remaining 8 holes
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Comment by jdgreat1on Mar 10, 2021 9:45am
139 Views
Post# 32761602

RE:RE:RE:Remaining 8 holes

RE:RE:RE:Remaining 8 holesAll good points.

Current CAN$80M market cap sucks. 
Fully diluted OS is 400M once all warrents / options all excersided.
current 40M + 24M from warrent and option = $64M cash
400MOS x 25 cents=$100M
That gives merely CAD$36M to the gold (current I+I @ 2.7M ounce)!
Not to metion the potentials / AE JV etc.

So much undervalued IMHO. Wake up Street!



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Dealroom for high-potential pre-IPO opportunities