Don't sweat it!Be not dismayed at the price action of Maple Gold Mines as the correction is almost finished.
I expect further positive assays, the reports on which have been greatly slowed by the effect of all of the COVID precautions on all of the gold assay labs and those assaying other minerals as well, to demonstrate ongoing continuity of previous reports, particularly on step-out drilling.
The shallow gold, Malartic-style, is alone more than sufficient to justify an open pit-style mine with corresponding share price which should be a multiple of today's. Adding deeper gold in additional properties and in all directions greatly increases the value of the company.
Taken altogether, Maple is a gem hiding in plain sight and the current crazy low price is doubtless an opportunity to pick up further tranches at a deep discount.
Recall also that this seasonal price action is typically low in mid-June through summer although I suspect the soon-to-be-reached bottom will mark the seasonal low and portends a move to a substantially higher price.
This is largely a "set and forget" stock compared to most in that despite the psychological tendency to check the price daily, it will reach its low and then commence the trek up quite independent of its shareholders' price monitoring!
The increasing price of gold, increasing inflation with juxtaposed loss of purchasing power of the currencies of the world and the FED spending America into a bottomless pit of debt will all constitute strongly positive price drivers.
Maple Gold Mines has a very bright and glistening future, a 'golden future' if you like!
And I would be remiss if I failed to wish a great good fortune to all present shareholders and those doing their due diligence on MGM in anticipation of becoming shareholders.