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Maritime Resources Corp V.MAE

Alternate Symbol(s):  MRTMF

Maritime Resources Corp. is a Canada-based gold exploration and development company focused on advancing the Hammerdown Gold Project in the Baie Verte District of Newfoundland and Labrador. The Company holds a 100% interest directly and subject to option agreements entitling it to earn 100% ownership in the Green Bay Property which includes the former Hammerdown gold mine and the Orion gold project. It controls over 439 square kilometers (km2) of exploration land including the Green Bay, Whisker Valley, Gull Ridge and Point Rousse projects. The Company owns mineral processing assets in the Baie Verte mining district, which include the Pine Cove mill and the Nugget Pond gold circuit. It also owns the Lac Pelletier gold project in Rouyn Noranda, Quebec. Its land holding, across all its properties, covers an area of approximately 43,925 hectares, of which the Company holds a 100% mineral rights interest in 37,050 hectares with the remaining 2,175 hectares under option agreements (100%).


TSXV:MAE - Post by User

Bullboard Posts
Post by ekimon May 16, 2006 10:05am
319 Views
Post# 10855849

Volatility

Volatilityhttps://finance.yahoo.com/q/bc?s=MAE.TO&t=5d Talk about volatility. 2 smalls pikes up to $4.65 and $4.70 in 2 early mornings last week. Spike down to $3.73 yesterday and back up to $4.11 today and is #1 on Kitco. I'll call yesterday a blow off since the volume didn't even hit the average for Miramar on the TSX. Doesn't add up to an all out sell-off to me. I have no idea what's in store in the short term for Gold. Scary is as scary does. LONG...MAE GOLD..BULL EKIM
Bullboard Posts