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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 > Remaining 8 holes
View:
Post by blossom on Mar 09, 2021 4:03pm

Remaining 8 holes

I watched the interview of Horner mentioned in the last post here but did not see Horner say "results coming soon".  Can you or anyone else here comment on that?
Comment by jdgreat1 on Mar 09, 2021 4:32pm
Soon or later, it doesn't matter much. Sadly anonymous sold it down today while all others has maintained the rise.
Comment by Shylockreturns on Mar 09, 2021 6:48pm
It will not be long before Anonymous is totally effete and the share price will not be able to be held down any longer because of potent buying power from those who recognize what a gem this company is. As for further holes, the results will be released when the lab returns the results to Maple Gold. It is no exaggeration to label the Douay Property Canada's second Malartic.  Fact is ...more  
Comment by jdgreat1 on Mar 10, 2021 9:45am
All good points. Current CAN$80M market cap sucks.  Fully diluted OS is 400M once all warrents / options all excersided. current 40M + 24M from warrent and option = $64M cash 400MOS x 25 cents=$100M That gives merely CAD$36M to the gold (current I+I @ 2.7M ounce)! Not to metion the potentials / AE JV etc. So much undervalued IMHO. Wake up Street!
Comment by aschi1 on Mar 10, 2021 10:53am
@jdgreat - agree 80 MIL CAN sucks - but ?  tradeable Warrents at 0,40 CAD and Agnico at 0,34 CAD - hardley to count them at this Level - and if they are exercised Shareprice should be well over 0,40 CAD  We have 20 MILLION Cash , not 40 - not 60 - the 18,25 Millions that Agnico will spent - is for the next 4 !! Years - so if they don,t like to speed that up you can count on 15000 Meter ...more  
Comment by jdgreat1 on Mar 10, 2021 11:07am
40M is the number Matt presents. and 24M will be from the warrent and options excercises. Once fully diluted, will be at 400M OS and 64M.  Anoymouse is on it again, keep its dump Something will happen EVENTUALLY>  LONG AND PATIENT!
Comment by inse on Mar 10, 2021 11:32am
The current share price of MGM is bitter sweet for me. I'm not happy with where we are trading given the fundamentals of Maple Gold, which have been discussed here ad nauseum. But I'm happy that I was just able to pick up another 9k shares at 0.245. GLTA
Comment by aschi1 on Mar 10, 2021 1:06pm
I will join you with another 50 K  ;) - but finally thats it - 0,25 - unbeliveable  Best Luck
Comment by jdgreat1 on Mar 10, 2021 1:16pm
I have done my buying. Kept adding from 33 to 245... Now holding 350K!!! @ 285 Hold till all drilling is done or a buy-out.  GO MGM GO!.  > Everytime I enter MGM on STockwatch, It shows 30+. For a second, I feel good and then realize, Oh that is the MGM resort!!! HAHHHA!
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