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 > Still not much liquidity

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Post by cupricityon Sep 14, 2022 3:46pm

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Post# 34962666

Still not much liquidity

Coal price is 600 canadian.

https://tradingeconomics.com/commodity/coal

If we did 3 million tonnes in the next 12 months we would get about 50 to 60 million in royalties. Over a dollar a share.

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