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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 Dec 31, 2021 4:36pm
217 Views
Post# 34275068

RE:--I refer everyone to MGM,s CEO Presentation 5 weeks ago...

RE:--I refer everyone to MGM,s CEO Presentation 5 weeks ago...
goldman17 wrote: in Coloradao--when he totaled the total resorce for Douay & Eagle & Junteal-and proved the $7.00/tozotal-Also today High Grade ounces go for close to $400/oz-Regardless-They have already said they intend to go mining with Agnico-So strip mining has approx cost of $700/oz-which means every single ounce will eventualy be worth $1,200.00/oz profit---Do you notice my stalker posts under 2 names-----The sicko must hve misplaced his librium----Sorry ggone for New years-not back untill Monday--Someone told me he has my picture on his bedroom wall ( sic))------yuk


Why do you always lie and post BS? Sign of an imbecile. So are the ad hominem attacks.
There is no mention of $7 an ounce valuation in any presentation. 
With a market cap of $123M that would be 17.5M ounces.  There is only one resource and that is the 2.8M estimate at Douay.  and even that is part of the JV so AEM would own half. And at a grade of 1.03 that is hardly high grade.  Your $400/oz is a fairy tale story as well.  The average over the last 4 years for M&A  is around  $125.


How are your BETS, IMN, DUGI and BIGG stocks. Down 70%  NO RETIREMENT FOR YOU. 

YABBADABBA DOOOO.  
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