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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 Aug 18, 2024 10:22am
Scoping of NPV5 After tax @ $2200 POG
A quick listing of the 2022 FS Results first.. POG = $1750 Annual Production = 50,000 ounces LOM = 5 years AISC = $912 US per ounce CAPEX $80 m Breakeven = $1115 US per ounce ( $1350 CAD
...more
(3453)
•••
nozzpack
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Comment by
nozzpack
on Aug 18, 2024 5:21am
RE:Be careful what you wish for
You just proved my point with SKRR. It is a Greenfield early stage explorer that can't raise any funds ....just $250,000 of a planned $1,5 m. It is highly speculative moose pasture without
...more
(784)
•••
NineLives
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Post by
NineLives
on Aug 18, 2024 4:30am
Be careful what you wish for
SKRR consolidated recently 1 for 5 at 4 cents, reopened at 20 cents dropped back down to 0.065. So lost 2/3rds of its value. I can give you a host of examples like this. The trick is to become good
...more
(3453)
•••
nozzpack
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Comment by
nozzpack
on Aug 17, 2024 9:34am
RE:RE:2022 FS Updated for POG
Some other changes from the 2022 FS that offer significant gains in production from the same 2022 reseves . First. the Xray sorter recovers 95 % of the pre ROM ore before it goes to the crusher
...more
(68)
•••
colt45acp
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Comment by
colt45acp
on Aug 17, 2024 6:36am
RE:Dundee’s Merger Tendency
Here you on that one. Good thought. jmo.
(3453)
•••
nozzpack
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Post by
nozzpack
on Aug 17, 2024 6:30am
Dundee’s Merger Tendency
A good example is it's amalgamation of Reunion Gold with G mining, from which it made a small fortune. Combining two companies with complementary assets can substantially increase the value
...more
(3453)
•••
nozzpack
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Comment by
nozzpack
on Aug 16, 2024 6:08pm
RE:RE:2022 FS Updated for POG
What I forgot to mention is that cash costs are inversely proportional to gold grade . HD grade is 4.5 grams per ton....among if not the highest open pit gold mine grades in Canada Reported
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(3453)
•••
nozzpack
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Comment by
nozzpack
on Aug 16, 2024 4:03pm
RE:RE:RE:RE:RE:2022 FS Updated for POG
Will do . Check your inbox during the weekend ..
(68)
•••
colt45acp
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Comment by
colt45acp
on Aug 16, 2024 1:15pm
RE:RE:RE:RE:2022 FS Updated for POG
Nozz. when you get some time would you take a look a TAU .THEY RECENTLY DID a 1-10 R/S CHANGE THERE MAME SYMBOL TO TAU. wHEN YOU GET TIME. Thanks in advance.
(68)
•••
colt45acp
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Comment by
colt45acp
on Aug 16, 2024 1:10pm
RE:RE:RE:2022 FS Updated for POG
tHANKS. So there will be a build up period before we get a high sp say about 3-4 dollars in couple years. of coares 3000 gold would make it qucker. nes pas.
(3453)
•••
nozzpack
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Comment by
nozzpack
on Aug 16, 2024 12:47pm
RE:RE:2022 FS Updated for POG
Yes, and that will be the case when Stoger , Orion plus the new discoveries from 2022-23 drilling along with 2024-25 planned drilling both infill and extensional are completed. Current Reseeves
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(68)
•••
colt45acp
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Comment by
colt45acp
on Aug 16, 2024 12:42pm
RE:RE:Rights offer
NOZZ. Whats the H0-UP.
(68)
•••
colt45acp
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Comment by
colt45acp
on Aug 16, 2024 12:34pm
RE:2022 FS Updated for POG
Would not a 10+ mine life is what the big boys look for. jmo
(68)
•••
colt45acp
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Comment by
colt45acp
on Aug 16, 2024 12:34pm
RE:2022 FS Updated for POG
Would not a 10+ mine life is what the big boys look for. jmo
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