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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...
, 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. The Project possesses suitable characteristics for the development of a crushed stone marine export operation for supplying markets in the eastern United States.
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Bullboard (TSXV:MOX)
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(115)
•••
Mackthenife
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Comment by
Mackthenife
on Apr 29, 2022 8:15pm
RE:RE:RE:Who would walk away from 250 million investment?
Stars seem to be aligning, so let’s hope May is the month.
(34)
•••
cupricity
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Comment by
cupricity
on Apr 12, 2022 1:21pm
RE:RE:Who would walk away from 250 million investment?
Also important to rebrand this mine as a steel additive, which it is. Steel will be the hardest and most complex thing to decarbonize. Meanwhile nuclear fusion is making leaps and bounds
...more
(60)
•••
oilinvestor2022
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Comment by
oilinvestor2022
on Apr 11, 2022 6:10pm
RE:Who would walk away from 250 million investment?
Thanks cupricity!!! I think we are going to enjoy the ride on this one. I looked at all the presentations and sedar documents and this looks pretty compelling!!!! To see a company spend
...more
(34)
•••
cupricity
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Post by
cupricity
on Apr 11, 2022 5:53pm
Who would walk away from 250 million investment?
There are 2 options. Kameron reopens us once they get coal spur fully up and running, or they sell us. Very hard to get a permit to mine coal. Only one met coal mine on the ocean in
...more
(60)
•••
oilinvestor2022
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Comment by
oilinvestor2022
on Apr 11, 2022 1:42pm
RE:400 and 550
Who is the large player that knows what we are worth. Just curious as I am looking at adding a bit more to my existing investment. thanks in advance, oil investor
(60)
•••
oilinvestor2022
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Post by
oilinvestor2022
on Apr 08, 2022 2:53pm
New Corporate Presentation
It is fresh off the press. The optics are great. Reinforces the theme on this as an investment. The highlight is that it is permitted and equipment is still available and ready to
...more
(60)
•••
oilinvestor2022
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Post by
oilinvestor2022
on Apr 08, 2022 12:49pm
Mine to Reopen
Cupricity or anyone in the know? What is required to reopen the mine. I understand Covid caused a delay, but is it the inspection for safety or OH and S that we are waiting for or is
...more
(115)
•••
Mackthenife
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Comment by
Mackthenife
on Mar 10, 2022 8:55pm
RE:400 and 550
I thought I had enough, but after reading your post I’m thinking of buying more!
(34)
•••
cupricity
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Post by
cupricity
on Mar 10, 2022 8:20pm
400 and 550
Current coal prices are 400 thermal and 550 Met USD delivered to Europe which has a problem the size of Russia with it's energy acquisition. If we reopened in room and pillar which
...more
(0)
•••
Fatboy1310
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Comment by
Fatboy1310
on Mar 10, 2022 1:10pm
RE:Level 2
Thanks Cupricity your insights are always welcome and appreciated.
(34)
•••
cupricity
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Post by
cupricity
on Mar 09, 2022 4:47pm
Level 2
For those that can't see level 2 it looks like there is almost nothing for sale until 50 cents again. The price of coal is 400 us for thermal and 550 for met. Be interesting to see where
...more
(34)
•••
cupricity
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Comment by
cupricity
on Mar 05, 2022 12:51pm
RE:RE:Not selling. RUSSIA with love.
That's what numbers say. So at a 2 times dividend yield 2 bucks is cheap. Russia won't be back to the market for a while.
(115)
•••
Mackthenife
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Comment by
Mackthenife
on Mar 05, 2022 12:09pm
RE:Not selling. RUSSIA with love.
So using your math and current coal prices the royalty could be 45-60 million or $1.00 a share. Holy mackinaw
(0)
•••
mydogbone
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Post by
mydogbone
on Mar 05, 2022 8:50am
Thanks Cup!
As this one came to me with the split off ***Erdene Res. and I bought a few on the cheap, I got over the story here, and started cleaning up an account, and stupidly threw it off...Made a small
...more
(34)
•••
cupricity
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Post by
cupricity
on Mar 04, 2022 6:48pm
Not selling. RUSSIA with love.
Russia is turning into North Korea. The world needs way more commodities even before we isolate Russia. This coal mine is gonna go crazy. 3 percent at 500 dollars canadian and 3 or 4
...more
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