Maple Gold Mines Ltd V.MGM

Why?

[ikny]

Anyone know why we took a 10% hit today?

[Hedberg77]

Good volume today on the dip.  Over 800K (MGM + MGMLF) so far.  With news unlikely the rest of the week and the stock having been on a strong and steady run, my guess is that a few with significant positions wanted to take profit.  Perhaps they will buy back on said dip or move on.  Who knows.  The next forseeable catylist for this stock appears to be the resource estimate

[fozzie88]

yeah...to cash up so we can pick up some 54 cent flow through.

[Shylockreturns]

ikny - Not to worry. It is the ebb and flow of the market. I believe, though, that it is going to take a substantive announcement in the form of very favorable assay results to drive Maple into a substantial uptrend but in my humble view it is only a matter of time before that happens. The share price is still crazy cheap at this level but will not stay that way.  The gold price is in a

[ikny]

Shylock,nice response    thanks

[Shylockreturns]

ikny - You are most welcome!

[fendleyhome]

[ardbegoil]

Why..?....I think they are looking for gold..?.....best to all

[ardbegoil]

Mathew Hornor on twitter today says they are using the money to drill the higher grade intercepts at MGM's 100% owned Eagle mine....Targetting for instance , previous intercepts like 10 meters at 32 gms per ton......I think they may reopen that mine soon since it only closed because gold went down to $400 dollars.....Maybe prove up a few oz's for future reference as well....best to all