Maritime Resources Corp V.MAE

Alternate Symbol(s): MRTMF

Metals & Mining Gold

Maritime Resources Corp. is a Canada-based gold exploration and development company. The Company is focused on advancing the Hammerdown Gold Project in the Baie Verte District of Newfoundland and Labrador, a top tier global mining jurisdiction. 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 also controls over 439 square kilometers (km2) of exploration land including the Green Bay, Whisker Valley, Gull Ridge and Point Rousse projects. Mineral processing assets owned by the Company in the Baie Verte mining district include the Pine Cove mill and the Nugget Pond gold circuit. The Point Rousse Project covers an area of approximately 54 km2. The Company also owns the Lac Pelletier gold project in Rouyn Noranda, Quebec. Its wholly owned subsidiary is 2823988 Ontario Corp.

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Maritime Resources Corp

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Post by nozzpackon Feb 07, 2024 4:38pm

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Post# 35868424

QE begins in March not by rate cuts but banking crisis

Powell has already admitted that there are more bank failures on the way in the US.

Liquidity support for banks ends on March 11 which means that the weaker banks suffering from massive losses from their 1% USTs will fail.

Rather than cut rates, QE will begin in the form of banks recurving federal funds in order to stay afloat.

The effect on POG will be the same...positive

https://www.kitco.com/news/article/2024-02-05/fed-could-still-pivot-march-it-wont-be-through-rate-cuts-nomi-prins-warns

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Red Light Holland and Costco Canada partner on mushroom kits