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Bullboard - Stock Discussion Forum Morien Resources Corp APMCF


Primary Symbol: V.MOX

Steel Steel
Morien Resources Corp. is a Canada-based mining development company. The Company’s principal business is the identification and purchase of mineral interests and projects. The Corporation holds two royalty interests on the sale of coal from the Donkin Mine in Cape Breton, Nova Scotia, and a royalty on the sale of crushed stone from the permitted Black Point Quarry Project, in Guysborough County... see more

Bullboard (TSXV:MOX)

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Comment by Mackthenifeon May 18, 2023 11:55am

RE:RE:RE:Ann Mtg

.025 divvy and $112,000 to NCIB. Close enough to .005 and building the balance sheet is a good thing. I’m happy 
120
Discussion
Comment by Mackthenifeon May 17, 2023 8:11pm

RE:RE:Ann Mtg

Oops I mean 1/2 a cent not .05 . That will be Q1 2024
92
Discussion
Comment by Mackthenifeon May 17, 2023 8:09pm

RE:Ann Mtg

Management probably knows the number by now, but won’t announce the dividend until June 1. Let’s hope it is 1 cent like Cupricity says, but don’t be surprised if it is .05.
103
Discussion
Post by fredo1on May 17, 2023 2:33pm

Ann Mtg

No 1Q update.
158
Discussion
Comment by Mackthenifeon Apr 28, 2023 6:52pm

RE:Downtrend Broken.

I hope you are correct Cup! We will see in short order here. Go MOX go
92
Discussion
Post by cupricityon Apr 27, 2023 2:01pm

Downtrend Broken.

I would expect around May 15th how our first quarter is going.  a 1 cent dividend per quarter is the same as 500,000 cash expense. This would imply about 40 million in sales from the mine after ...more  
278
Discussion
Post by cupricityon Apr 25, 2023 8:05pm

Met Coal/Thermal Coal

I expect that the met coal version of our product will be shipped shortly.  When thermal was high it didn't make any difference but as the price diverges we should be in the met coal game ...more  
236
Comment by fredo1on Apr 06, 2023 8:51pm

RE:RE:1st quarter

Need about 85k tons/month to pay 1cent. Sounds about right plus the opionality of higher coal price(after a brutal decline from recent highs).
121
Discussion
Comment by cupricityon Apr 04, 2023 10:07pm

RE:1st quarter

My guess is a 1 cent dividend announced May 15th for June 25th payout or so.  It will go higher.  Coal has bottomed and is going higher, helped by Australia limiting coal exports to 5% less ...more  
176
Discussion
Post by Mackthenifeon Apr 04, 2023 7:32pm

1st quarter

Should be much better than previous training quarter !  Hoping we get a bit higher divvy this quarter as we are trending the right direction. Keep up the great work Dawson and all
188
Discussion
Post by Mackthenifeon Nov 30, 2022 12:04pm

Divvy

Well that’s a nice little Christmas bonus. I am sure the divvy will grow in size as production ramps up, so all in all very nice.
245
Post by cupricityon Nov 02, 2022 2:09pm

2020 and 2022.

We were trading around 50 cents and coal was 80 dollars. Now we are 72 cents and coal is 380 dollars. Mick jagger wrote a song about this. Time is on my side. Yes it is. Yes it is. Time is on my side. ...more  
534
Comment by cupricityon Oct 01, 2022 9:21pm

RE:RE:Calling on Cup

Chilling on beach is right. If we did 2 million tonnes at 300 cdn we would get 12 million minus taxes etc so 9 million times 80percrny 7 million in dividends. 14 cents a share. Worst case we have a 20 ...more  
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Discussion
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