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Bullboard - Stock Discussion Forum MegumaGold Corp NSAUF

MegumaGold Corp. is a Canadian junior gold exploration company. The Company is engaged in the business of acquiring, exploring and developing natural resource properties, with a focus on precious metal properties located in Canada. The Company’s projects include Meguma Project; Osprey Projects-Goldenville Project; Osprey Projects-Caribou Project; Osprey Projects-Leipsigate Project; Caribou SW... see more

GREY:NSAUF - Post Discussion

MegumaGold Corp > does anyone care.
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Post by TTMAC on Aug 01, 2022 2:08pm

does anyone care.

rdgeo, it would appear there are few shareholders left. I bailed month ago. I had great hopes for Maguma Gold but it would appear whatever money they had is likely all been put in the ground, in their limited drilling. I was there in 2006 when Scorpio held the property and they drilled several holes. If I remember correctly there was gold showing in nearly all holes, obviously not enough was found to turn it into a mine but vg never the less. I dont believe it was lack of gold that made them leave but the slowness of permitting from the province. This appears to be a problem in some places. All the best in the future for you shareholders. I know there is gold at Caribou and someday someone with enough money and courage will prove it.
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