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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 Angelique01on May 13, 2022 9:46am
253 Views
Post# 34681097

And the pain continues .165

And the pain continues .165Gold approaching the $1800 level.  I think for gold equities to bottom out the price of gold needs to hit $1720 to $1750.  I just think gold is overvalued at current levels given the upcoming rate increases.  Will gold hit 2000 again.  Absolutely just not this year.  We will see how long it takes for the $1800 support level to get breached.  

P.S.  GOLDMAN Stay away from any window ledges.  The last time I looked your promoted investment portfolio of (FANS, BETS, IMIN, TBLL and MGM) was down 95%).  
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