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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 > It looks like someone wants to keep the price suppressed
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Post by EdwardBlake on Nov 01, 2021 11:05am

It looks like someone wants to keep the price suppressed

Everytime we start getting traction over 0.33, someone dumps a glut of shares pushing us back down. This is not the way to get the best market price per share, so I suspect a bid is coming and Agnico is suppressing the price in advance.
Comment by jdgreat1 on Nov 01, 2021 11:09am
I would say the same. On top of that , the small drilling plan says it too. My feeling. A bid at 70- 80 cents?
Comment by EdwardBlake on Nov 01, 2021 1:16pm
Yeah, I figure they will lowball at 0.60 and the dust settles at 0.80.
Comment by jdgreat1 on Nov 01, 2021 3:33pm
I figured AEM gives a 90%-100% premiume :) at this stage    Volume speaks something is up. Let us go MGM!!!!
Comment by jdgreat1 on Nov 01, 2021 4:04pm
Look at MOZ at Newfoundland , they have total 4.78M OZ ( M&I & Inffered),their MC @ 700M~800M. though they are way ahead to be a producer. If our ounce counts close to 4M -5M?...... plus all the undrilled potentials, AEM may make a move at this still early stage. GO MGM!
Comment by satchmo6 on Nov 01, 2021 8:37pm
Don't let your worries get the best of you; remember, Moses started out as a basket case.......GO MGM  
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