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Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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Bullboard - Stock Discussion Forum
Maritime Resources Corp
V.MAE
Alternate Symbol(s):
MRTMF
Metals & Mining
Gold
Maritime Resources Corp. is a Canada-based gold exploration and development company focused on advancing the Hammerdown Gold Project in the Baie Verte District of Newfoundland and Labrador. The Company holds a 100% interest directly and subject to option agreements entitling it to earn 100% ownership in the Green Bay Property which includes the former Hammerdown gold mine and the Orion gold...
project. It controls over 439 square kilometers (km2) of exploration land including the Green Bay, Whisker Valley, Gull Ridge and Point Rousse projects. The Company owns mineral processing assets in the Baie Verte mining district, which include the Pine Cove mill and the Nugget Pond gold circuit. It also owns the Lac Pelletier gold project in Rouyn Noranda, Quebec. Its land holding, across all its properties, covers an area of approximately 43,925 hectares, of which the Company holds a 100% mineral rights interest in 37,050 hectares with the remaining 2,175 hectares under option agreements (100%).
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Bullboard (TSXV:MAE)
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(3453)
•••
nozzpack
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Post by
nozzpack
on Sep 01, 2024 7:55pm
Tolling Mou
It's still active. NFG has carried out extensive channel sampling of Keats Trench which will be the first place to be mined. Channel sampling should provide a reasonable estimate of the mining
...more
(3453)
•••
nozzpack
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Comment by
nozzpack
on Sep 01, 2024 7:48pm
RE:RE:RE:RE:An example of a Junior Gold producer
LIO...that very cheap financing so soon after the earlier one at $0.50 left a very bad taste in my mouth ..still keeping it on watch to see when they might begin to mine Zone 5....
Star Diamond Corporation Announces Third Quarter 2024 Results
posted Nov 14, 2024 9:00am by
Star Diamond Corp
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|
Adjusting for $1.0 million in non-cash charges during the current period, the increase in net loss, period over period, was due primarily to increased exploration ...read more
(24)
•••
baystock1
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Comment by
baystock1
on Sep 01, 2024 7:27pm
RE:RE:RE:An example of a Junior Gold producer
thanks nozzpack for sharing your quick thoughts. Yeah I am in it and am hoping for a double to bail me out of my losses. I know you were positive on Lion One (LIO) a few months back. It looks like
...more
(3453)
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nozzpack
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Comment by
nozzpack
on Sep 01, 2024 4:17am
RE:RE:An example of a Junior Gold producer
Lots of worts but some positives. About $155 million cad in liabilities not including the $61.5 m US in streaming cost. No gold reserves, just M&I In high risk Argentina which is bankrupt . Cash
...more
(82)
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Ork
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Comment by
Ork
on Sep 01, 2024 3:55am
RE:This is the situation.
letting em expire-last thing i need is more shares of maritime lol-cant sell em had an offer in with the other several million-no takers
(481)
•••
shiftyone
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Post by
shiftyone
on Sep 01, 2024 1:14am
This is the situation.
They put us in a position where we can A. Participate in the rights offering. B. Sell your rights. That seems difficult with no volume on the rights. But it is possible??? That someone may
...more
(24)
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baystock1
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Comment by
baystock1
on Aug 31, 2024 4:48pm
RE:An example of a Junior Gold producer
nozzpack, Cerrado (CERT) is another junior gold producer to compare with MAE. Its C$24 million market cap is identical to MAE's: https://stockhouse.com/news/press-releases/2024/08/29/cerrado
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(3453)
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nozzpack
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Comment by
nozzpack
on Aug 31, 2024 1:22am
RE:RE:RE:RE:RE:$30 million in cash Inflows
You do realize that you cannot produce until permitting is complete. It was just 3-4 months ago that HD receuved its final permits. An updated FS is needed as we have a new mill and will drill and
...more
(43)
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MAKEITBACK
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Comment by
MAKEITBACK
on Aug 30, 2024 6:28pm
RE:RE:RE:RE:$30 million in cash Inflows
Yes, Nozzpack, "upon production" you say. That is the problem. What is holding back production, and why is it taking so long. The ingredients are all in place, but it would appear they are
...more
(181)
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Rogg47
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Comment by
Rogg47
on Aug 30, 2024 10:24am
RE:RE:$30 million in cash Inflows
Great post Shifty, these are facts, objective informations, not like the Pumper ones who clearly is paid to be optimistic!!.... Like many other Juniors, we have overpaid Management that just can'
...more
(3453)
•••
nozzpack
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Comment by
nozzpack
on Aug 30, 2024 9:14am
RE:An example of a Junior Gold producer
When I entered this stock months ago, my research expectations was at least a 5 bagger but reasonable expectations for a 10 bagger. The POG was then well below the current level. My cost base is
...more
(3453)
•••
nozzpack
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Post by
nozzpack
on Aug 30, 2024 6:46am
An example of a Junior Gold producer
There arnt many but I thought about Jaguar ( JAG circa $4.75 ..$350 million market cap ) which I have owned in the past and keep it on watch relative to exploration outcomes. It produces 65,000
...more
(3453)
•••
nozzpack
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Comment by
nozzpack
on Aug 30, 2024 6:12am
RE:RE:RE:$30 million in cash Inflows
Look around you. Its littered with Junior gold explorers with over 1 m ounces like BRAU , RPX etc, trading in the low pennies because they do not have milling assets and would cost $200 million
...more
(3453)
•••
nozzpack
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Comment by
nozzpack
on Aug 30, 2024 5:43am
RE:RE:RE:It would be nice but not unexpected if..
But, you have the same right to buy more shares at 3.4 cents hence offsetting dilution . Its a tough market for Junior financing out there or did you know that. We have great assets that are now in
...more
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