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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

Post by inseon Mar 27, 2021 11:52pm
365 Views
Post# 32894193

Fidelity and BMO

Fidelity and BMOThere were some previous discussions here about Shirley Anthony's March 18th, 2021 presentation for the Mines & Money Pitch Battle.


https://www.youtube.com/watch?v=-JfpojLr8mY


I just watched it again, and one thing in particular that really stood out to me was the reminder of Fidelity buying 18.2 million shares of MGM at 0.38 in the open market - this to me speaks volumes about the continued growth of institutional support for our stock.


And let's not forget about BMO's support for our stock - buying 27.8 million shares of MGM at 0.36 through the $10 million bought deal financing, which closed on December 30th, 2020.


While I'm not happy that MGM currently sits at only 0.265, it gives me piece of mind that BMO and Fidelity were willing to pay 0.36 and 0.38 respectively, for their shares of MGM.


Nothing fundamentally has changed here folks. Maple Gold Mines is a monster in the making and MGM will become a multi-dollar stock.


GLTA
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