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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

Comment by Angelique01on Oct 02, 2021 11:12am
224 Views
Post# 33957443

RE:RE:RE:RE:.....AGNICO IS IN FOR approx. $30,000,000.00--& they are....

RE:RE:RE:RE:.....AGNICO IS IN FOR approx. $30,000,000.00--& they are....
jdgreat1 wrote: What an intelligent question!!!! LMFAO. You got be better than that... But you made a good move for sure buying in here.
My question has always been why did Agnico Eagle pursue a joint venture and not an outright acquisition of Maple.   If their due diligence and examination of all the existing drill cores indicated such a promising property why delay owning it 100%.  Instead of 12.8% go for the 100% ownership right away by bidding lets say $150M for the entire company.



All questions are intelligent.  The same can't be said of the response or the lack thereof.  Your silence speaks volumes. LMFAO. Hopefully if there is a bump in price on Monday based on the drill results it is bigger than the one you forecast on Thursday.  
PS.  I believe ikny is still waiting for a response as to how you came up with a price target of .80.  Silence is deafening.  Is that  a short term, intermediate or long term target? Dazzle us with an intelligent response for a change. And simply saying AEM due dilgence, existing gold and more gold to come isn't very enlightening or helpful.


GO MGM GO  TO DA MOON
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