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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 aschi1on Aug 20, 2021 12:42pm
235 Views
Post# 33740172

So, Maple Management Pro Tipp ;)

So, Maple Management Pro Tipp ;)for free ;)

After the Resourceupdate ( 4 Million Resource) sell the 50 % Stake from Douay to Agnico - lets say for 150 Mio CAD ( 75 CAD per Ounce) - then cashed up with ~ 180 Mio Cash - drill 150.000 Meter on a 50/50 with Agnico on Telbel ( 25 Mio each) - prove up another 3 Mio Resource Highgrade - spend another 15 Mio on your 100% Eagle Property - take 50 MIO for a new Akqisition 100% owned - so in July 2022 Shareprice is 1,2 CAD ( Agnico with it,s 19,9 % Stake is happy again)

Still plenty Cash left to bring everything forword :) 

Then i take half of the Profit - invest right before the FS in CNC which then triple till Dezember 2022.

So Retirement perfectly with 50 ;) - would make me happy 

Best Luck 
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