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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 > Operating expenses are way too high...
View:
Post by Wantonfuey on Jul 09, 2020 2:17pm

Operating expenses are way too high...

these guys drill a lot but they ditlute more from what I can see.  Should have been much better terms available to get money--these guys are showing me red flags.  Not buying even on this dip
Comment by Anacott on Jul 09, 2020 3:01pm
Absolutely precise! The leaky management even further dilutes on poor results. Today's financing is a slap into every existing shareholder's face; except for the guys participating 
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