Morien Resources Corp V.MOX

Alternate Symbol(s): APMCF

Steel Steel

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.

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Morien Resources Corp > NIA was right about it all except the timing

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Post by cupricityon Nov 29, 2021 6:03pm

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Post# 34177747

NIA was right about it all except the timing

Well we got pumped by the NIA, which provided a chance to sell some in the 50s and 60s. Now the overreaction to the pumping on the high side has returned to the low side. I have a feeling it is almost time to shrink the share count on behalf of some impatient folks who got caught up in NIA predictions of imminent mine opening.
The stock market is an instrument to transfer wealth from the impatient to the patient.

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