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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 LbinLoLon Nov 12, 2022 9:24am
218 Views
Post# 35093490

RE:RE:Bargain Shopping

RE:RE:Bargain ShoppingThere is almost always a small dip before a major move with maple gold mines stock.. we just got it.. gold price bull move is not over, with no news I would expect this stock to start rising early next week and reach 0.30-0.35 range.. with bad news this range may drop.. and with great news we may get to new all time high this year.
Those who sold their stocks at the bottom have reasons, maybe need the money, or want to place it somewhere else or just want to mess with the ones holding onto their stocks.. but the timing is really bad because gold junior sector is about to rise very fast.

I think we may see gold correct hard between Xmas and New year eve. But don't expect mgm to get back below 0.20
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