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Morien Resources Corp V.MOX

Alternate Symbol(s):  APMCF

Morien Resources Corp. is a Canada-based mining development company focused on the identification and purchase of mineral projects. The Company holds two royalty interests in coal and aggregates on tidewater-accessed projects in Nova Scotia, Canada. The Company's project developments include Donkin Coal Mine and Black Point Aggregate Project. The Donkin Coal Mine is located in Eastern Canada, Cape Breton, Nova Scotia. The Company owns a gross production royalty on coal sales from the Donkin Mine in Cape Breton, Nova Scotia, owned by Kameron Collieries ULC, a subsidiary of The Cline Group LLC. The Black Point Aggregate Project is a granite deposit with a mine life of around 75-years located along the southern shore of Chedabucto Bay in Guysborough County, Nova Scotia, with suitable characteristics for the development of a crushed stone marine export operation for supplying markets in the eastern United States and Caribbean region. Its subsidiary is Advanced Primary Minerals USA Corp.


TSXV:MOX - Post by User

Post by cupricityon Feb 09, 2021 6:01pm
382 Views
Post# 32520015

Big players

Big playersIf you think that you are getting a good chunk of net profits on a mine that has spent 300 million since 2017, and you don't have capital risk, I would say there are some intelligent people but they are hoping somehow price goes down. That boat may have sailed off. Time will tell. Here's to hoping for a longwall announcement.
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