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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 > Tax loss season ends today....
View:
Post by woolco on Dec 29, 2020 10:06am

Tax loss season ends today....

I highly expect the reason we dipped so low below the PP level....was tax loss selling from momentum traders that rode Maple up into the mid 50 cent range only 5-7 weeks ago.  Those traders are not into/understand or quite frankly don't even care about the Maple Gold Story.  They will all be gone by end of today..and we should see a quick upswing in the stock price with stability at a minimum over 40 cents....and with rising gold...we rise also.

The story is 1000% in tact....only gets better and the news flow from this story is going to be steady and hot.

This should be your rip van winkle gold junior....go to sleep ...wake up in 2-5 years....and be a 10-20 bagger....thats how I am treating it...although I peak every once in awhile....lol...just not selling one share.
Comment by Shylockreturns on Dec 30, 2020 12:35pm
woolco - Excellent commentary. Agree fully. Maple Gold is going to make some stellar gains starting very soon and it should be an exceedingly solid year. Happy New Year to you and great good fortune to all.
Comment by Goldfinger230 on Dec 31, 2020 8:13am
Do not get to comfortable, you will not have to wait that long.  
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