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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

Post by shiftyoneon Apr 08, 2024 10:54pm
107 Views
Post# 35978129

lack of news

lack of newsrecently I seen something, somewhere, in video or in print.  I can't recall.  But it was a response to an answer about a share consolidation.  And it stated they didn't want to do it at a time when the shareprice would just slip back down.

I expect the same is the case for news.  I expect they don't want to put out a release that will cause the price to go up a penny  or two pennies, just to have the shareprice fall back down.  I expect... that when the news starts flowing, they will have more news shortly after, and then more news shortly after that.  To keep the momentum going.  I could be just being hopeful :)   But that is what I expect. 

They don't want to waste news so that the day traders get involved for 3 days  and that is the end of the price rise.  This company I have more confidence in than the traditional pump and dump.
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