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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 > Gold Will Be King
View:
Post by Goldy63 on Jul 17, 2020 9:55am

Gold Will Be King

In this Covid enviroment. That article I posted while saying 5,000 an ounce might be a strech its plain goverments around the world are printing money as fast as toilet  paper so Gold will be King for the foreseable future . How high will it go ?. Ah the million $ question . Have a few Sprott plays and all doing well with drilling under way so buckle up and make sure you have your ducats for the big ride up . JMO. Cheers .
Comment by u2bob on Jul 18, 2020 11:34am
May not be even be close to 5 grand yet...but it is already very profitable....from where we have lagged the last 5 years or soooo... Gold is atUS$1,809/oz., a far cry from the avg. 5-yr. (2015-2019) price of US$1,267/oz. [+43%], its at a 107-month high. Think of the hundreds of PEA / PFS / BFS studies done over the years with price assumptions of US$1,200-$1,300/oz. Imagine how much sexier they ...more  
Comment by digrdan on Jul 18, 2020 10:35pm
Even strength and consistency at 1800 will start to see a lot of acquisitions as most producers are hovering around all in costs that would make it a ridiculously profitable business right now... and if it continues long enough it'll just be a buy up race at these levels.... $5000 gold is ridiculous with the pressure put on the price to keep it this low now.. and to be honest we probably don ...more  
Comment by u2bob on Jul 20, 2020 10:19am
Open Pit Canadian Peso should be very profitable once proven up !  : ) 2,461.45   +5.31 +0.22% GoldSilver USD      United States DollarAED     United Arab Emirates DirhamAFN     Afghan AfghaniALL     Albanian LekAMD     Armenian ...more  
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