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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 Hedberg77on May 27, 2021 10:53am
175 Views
Post# 33275346

Forest for the trees

Forest for the treesMethodically and incrementally, the staff at MGM are putting the pieces together.  All the while, it is evident that they see the big picture - the forest for the trees!  This stock, for many of us, is not about a few pennies here or there - and with good reason.  As Matthew said, they are diligently "cracking the code" to unlock a truly special, near to surface mining operation.  The most recent results reflect hole 2 of 20 (or so) and Horner has full intention of releasing more results in the months ahead and an updated resource estimate by year's end.  Interestingly, research from Agentis has put the number at or north of 10 million ounces.  Expect more coverage to descend on this still undervalued stock.  All the while, central banks are increasingly adding gold to their reserves.  These are some of the reasons that I am grateful and happy to be patiently holding this stock that is a (as has been previously stated on this board) monster in the making.  GLTA
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