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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. 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.


TSXV:MAE - Post by User

Comment by nozzpackon Mar 16, 2024 3:26pm
55 Views
Post# 35936687

RE:RE:Updated March 13 CP

RE:RE:Updated March 13 CP

Don't worry Mac rich, all we need is higher volumes.
This is not the only gold stock experiencing such low liquidity .
That will come, as we now have the asset suite and permitting to convert the substantial intrisinc and messurable value here to cash flows which will attract investor sentiment .

A slow and steady execution of the production plan is underway which could show a quick flourish as management rarely announced such moves beforehand .

This is about a safe and investable Junior gold that I can find and I have found many of these.

There exists here an unrecognized but signifucant probability that a merger or buyout could happen at any time .

Economics drives all business combinations and substantial economic benefits would accrue to both NFG and Firefly on such a move.

Now that permitting is fully in place and incipient and perhaps early cash flows beginning, such a move could happen at any time.

GLTA

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