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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 locomocoon Jan 05, 2023 1:13pm
174 Views
Post# 35205112

RE:RE:....Douay is the only LATE STAGE JR GOLD project in Canada..

RE:RE:....Douay is the only LATE STAGE JR GOLD project in Canada..MGM will get acquired, just a matter of when. Proving out Douay resource to plus 5M from 3M this year will accelerate the chances of getting acquired sooner. I don't see a situation where after 2 years JV, MGM will share price will be around 20 cents. MGM has minimal risk and huge upside and even moon shot potential. 
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