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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 woolcoon Apr 04, 2024 10:12am
130 Views
Post# 35970201

4M oz now at $2300 vs $1800

4M oz now at $2300 vs $1800 The profit per oz has now gone up $500 with basically no inflation in last few months. 

This is now becoming an open pit play....that can be very profitable.  At $2500-$3500 gold it will be a rock star mine....safe in Quebec...and ready to go.

The value here for the 4M oz....is about to pop...as these land banks catch a big bid....should be happening very soon.!

Hold on as we head back to 20-30 cent range!
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