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Bullboard - Stock Discussion Forum Maple Gold Mines Ltd V.MGM

Alternate Symbol(s):  MGMLF

Metals & Mining Gold
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 > Do the Math
View:
Post by Hedberg77 on Aug 15, 2023 11:56am

Do the Math

Maple has $5.7 billion worth of gold on proven 3 million ounces.  At $1300/ounce production cost that's $3.9 billion.  The $25 million market cap is a joke.  GLTA

Comment by FuddleDuddle07 on Aug 15, 2023 4:58pm
If those 3 million ounces are uneconomical and never get mined they are worth  bupkiss. .
Comment by Iwant2Retire on Aug 15, 2023 8:40pm
Except no one wants a 3 million ounce property.  They want a 6 million + ounce property. That's why we are 7 1/2 cents.
Maple Gold Mines Ltd