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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 > .CURRENTLY-Douay,s 2.7 mill/ozs are being valued @ 7.00/oz..
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Post by goldman17 on Nov 17, 2021 5:38am

.CURRENTLY-Douay,s 2.7 mill/ozs are being valued @ 7.00/oz..

Eventualy those ounces will be mined @ $1,850../ oz-which = 2.7 mill times $1850.00-which translates into roughly $8 BILLION DOLLARS--yet the entire MGM market cap stands at only $100 million-Now add to that the ounce count update we are waiting for-plus all the insiu gold at both jeutal and Eagle properties--THAT WHY WE ARE CURRENTLY TRADING AT 10% OF our Market capp---THATS WHY I KEEP SAYING ''MAJOR S/P INCREASE IS ONLY AROUND THE CORNER-imho
Comment by Angelique01 on Nov 17, 2021 11:18am
 GOLDMAN17  Your comments are idiotic and lacking in fact.  Total BS.   The whole MGM bullboard loses credibility as a result.   1.  $1,850 times 2.7M ounces does not equal  $8 Billion.  You can't even do basic math. 2.  Nobody mines inferred ounces.  Companies mine proven and probable reserve ounces of which MGM currently has 0. 3 ...more  
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