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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 Jul 27, 2022 3:54pm
432 Views
Post# 34854814

liquidity is an issue

liquidity is an issueLevel 2 shows 100,000 shares takes this to 90  cents.  There will be a point when the market starts to reflect the value of this stock at which point we will reach liquidity.  It has been 12 years in the making but time in the market is better than timing the market.  And good assets with honest management will see that through.  

  There is not much point in selling below a dollar because the royalty for the coal will be close to that for 1 year production...  ESG pressures have destroyed investment in coal mines and will keep energy prices high until we transition to some other form of energy that is not clear yet.

  Russian coal is off the table for years and Russia is a SCARY place to invest, even for Chinese.  

  Once we transfer energy production to something like Nuclear and figure out how to take carbon from the atmosphere we will still need coking coal long into the future.

   Long, Strong and pretty happy with the situation.
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