Post by
woolco on Oct 14, 2020 7:24pm
Maple Gold valuation
Starting to hit home that the most respected Gold Miner in Canada....and one of the most respected in the world is calling this JV as a game changer for them....with the development of this asset to the new largest gold mine in the world. That is obviously saying something when they currently JV the largest with Yamana....
Could not be a better/smarter partner...total validation... Valuation still a joke at under 100M...should be in 300-500M range in my opinion....and on its way to 1B with a good drilling season...that is 12x from here. Similar to Wallbridge in Quebec...but Wallbridge valuation shifts between 800M and 1B....
Great to see us closing at new highs each day....drives well into the next day. I expect we will see that all week...everyday...and into Monday....by then hopefully around 60 cents or so....and will need to pause for drill results.
Tradeable warrants good for 2 YEARS...and a strike price of 40 cents....hit 17 cents today....as AGNICO puts 18M in the ground drilling....those warrants have HUGE upside.
Warrants at 17 cents with stock at 33 cents...what are options with stock at 60 cents...huge % upside for sure.
Love both the stock and warrants...good to have both for different reasons.
Hitting top % growth in back to back days is also giving this company the visibility it has been lacking for last 6 months while others have gone up 2-5x on almost no meaningful news.
Excited for this to be a Great Bear...which was 40 cents in 2018...two years later 16 dollars....40X....and they are not that far ahead of Maple/Agnico!
LIFE CHANGING IF YOU BUY/HOLD...