Post by
jdgreat1 on Nov 14, 2022 11:53am
Maple Gold Mines (TSXV: MGM; US-OTC: MGMLF) is in “advanced
https://www.northernminer.com/ma/maple-gold-seeks-abitibi-acquisitions-as-it-drills-deep-in-quebec/1003848545/
Maple Gold Mines (TSXV: MGM; US-OTC: MGMLF) is in “advanced and detailed” talks with three potential acquisitions as it seeks to nearly double its contained gold resources, chief executive officer Matthew Hornor says.
!!! Are they holding onto the results? becuase of the M&A discussions?
HOLD! or keep adding at this level like me...
GLTA
Comment by
jdgreat1 on Nov 14, 2022 1:15pm
why is 5M ounce so important? Probally it is the minimum ounce requiremnet to start buy-out converation by AEM or so.. Good time ahead! We will hear the new eventually.
Comment by
Angelique01 on Nov 14, 2022 1:17pm
Begs the question. When you already own the next Malartic 2.0 with all the supposed gold potential at Douay, Joutel and Eagle why is an acquistion necessary? Is there not enough confidence from existing drill results? This company has enough issues on reporting drill results from existing property holdings in a timely fashion.
Comment by
ardbegoil on Nov 14, 2022 5:30pm
It gives MGM more leverage if an Agnico buyout occurs just involving Douay which is a possibility seeing what just happened with Yamana at Malarctic.....MGM can just walk away with up to 4 mines in the area including a processing site at Eagle....I like it.....best to all
Comment by
Iwant2Retire on Nov 14, 2022 3:37pm
Just keep drilling Maple and if there are deals to be had in this screwed up market then I say go for it. "The company is adding two rigs this month for a total of five engaged at Douay and drilling as much as 1,800 metres underneath and beside former mines at Eagle and Telbel, which form the Joutel project."