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Bullboard - Stock Discussion Forum Maple Gold Mines Ltd V.MGM

Alternate Symbol(s):  MGMLF

Maple Gold Mines Ltd. is a Canadian-advanced exploration company. It is focused on advancing the district-scale Douay and Joutel gold projects located in Quebec's prolific Abitibi Greenstone Gold Belt. In addition, the Company holds an option to acquire 100% of the Eagle Mine Property, a key part of the historical Joutel mining complex. The Douay Gold Project is located over 55 kilometers (km... see more

TSXV:MGM - Post Discussion

Maple Gold Mines Ltd > Previous post
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Post by bluegrass3 on Dec 07, 2020 4:33pm

Previous post

Supposed to say halt reason
Comment by ardbegoil on Dec 07, 2020 5:25pm
What was the wine brand....??....Half was stuck in your typing hand...lol..Hopefully the 10 million wasn't because of takeover....tooo sooon....best to all
Comment by bluegrass3 on Dec 07, 2020 5:33pm
Autocorrect is annoying if one's not paying attention. Forget the wine.   I'm waiting to break out the champagne!
Comment by ardbegoil on Dec 07, 2020 6:21pm
The financing today and takeover possibilities may actually make sense as Achi says.....If a takeover offer is anticipated it makes sense to do a financing since it could prove difficult if there is uncertainty with a higher share price due to possible bidding wars and a financing could possibly interfere in the process....Or this financing could be an attempt at discouraging a takeover offer...?& ...more  
Comment by ardbegoil on Dec 07, 2020 6:24pm
Then agian ,they may just be planning on stepping up the existing two drill campaigns already planned.....Hopefully....best to all
Comment by aschi1 on Dec 07, 2020 7:01pm
Mr Speidel and Hornor clearly emphasized in the last presentations that they are fully financed and that no capital increase is planned. So why the. Sudden change of mind if a better price could be expected after the drilling programs? With a cost of around 150 CAD dollars per meter of drilling, a significant expansion would also be problem-free in the budget of the 4 million in Agnico's first ...more  
Comment by woolco on Dec 07, 2020 9:16pm
I agree 100 percent.  They seemed so share holder focused.  Made clear statement that with 17M for drilling they will have no reason to go to public market for years. ...and then under 60 days later they chase 10M at 36 cents?   Something not right.  This is currently an ethical issue to me....until I hear the real reason etc. Reading everyone's comments....makes ...more  
Comment by aschi1 on Dec 07, 2020 7:16pm
Fast Response on Twitter : Thank you for your comment Thomas!  The offering gave  many institutional funds the ability to take a position that they otherwise could not to do with open market purchases - thereby building up a strong long-term institutional base for the story. The additional funds also further strengthens our balance sheet and puts us in a very strong position to ...more  
Comment by inse on Dec 07, 2020 8:05pm
Thank you for your recent contributions to this board aschi1...Matthew Hornor and the rest of the Maple Gold Mines team, are in complete control here, and are methodically executing their strategy. The real fun has not even begun yet. With Christmas just around the corner, here's hoping for more good news soon. GLTA
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