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Bullboard - Stock Discussion Forum MacDonald Mines Exploration Ltd V.BMK

Alternate Symbol(s):  MCDMF

MacDonald Mines Exploration Ltd. is a Canada-based mineral exploration company. The Company is focused on the evaluation, acquisition, and development of precious and critical metals properties in Ontario. It is focused on exploring its 100%-owned, 19,455 ha Scadding-Powerline-Jovan (SPJ) Project located 20 kilometers (km) southeast of the prolific Sudbury Mining Camp in Northern Ontario. The... see more

TSXV:BMK - Post Discussion

MacDonald Mines Exploration Ltd > Large System Mineralized....
View:
Post by u2bob on Jul 08, 2020 9:29am

Large System Mineralized....

Osisko sold there open pit mine to AEM for 3.9 billon ..gold price was a lot lower than today I believe open pit was lower grade than this when they started....size matters grades are fine whats at depth ?...and overall size will be interesting ! I know that Sprott likes big projects with lower grade big volume open pit....keep drills turning only way to define a large system....
Comment by SixBottle on Jul 08, 2020 9:52am
This post has been removed in accordance with Community Policy
Comment by Goldy63 on Jul 08, 2020 10:03am
Well not much this time around but you need to look at the forest thru the trees and see the whole picture . Still hitting gold albeit small metres and small gold hits but hey . There just getting started with lots more drilling and results coming . Those that are selling are the flippers that want crumbs up on sp and any red they run . Later weak hands . I,m holding for the big picture . Yup open ...more  
Comment by CANCDN on Jul 08, 2020 10:03am
they are amazing actually. If this exends at depth... ohh man
Comment by Retiredgeo on Jul 08, 2020 10:07am
Agreed The flippers are selling because they didn't get their long intersections of high grade that would have made them rich quick (millions of oz translating into 50 cents.share!).  Someone has snapped up over 2 million of their shares!  Clearly interest in BMK remains strong. I am sitting on my shares.  They are on to something.
Comment by PeterOffDuty on Jul 08, 2020 10:49am
I am with you on this one. Bashers are rolling out to drive the price down. Some great results in previous drills. Patience. I think there's gold in them hills!!!  GLTA!
Comment by u2bob on Jul 09, 2020 10:28am
Everyone knew if the step out drill results showed Mineralized zone that they would be needing financing to prove up the play ...so now is the time with high metal prices to prove up what we have here...with drilling... https://youtu.be/qzuef8KXt8A
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