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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... see more

Bullboard (TSXV:MAE)

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Comment by Orkon Aug 07, 2024 4:10pm

RE:RE:RE:RE:RE:RE:Outstanding NEWS

believe me lads/lassies I ain't happy with this either BUT, they'd bettter have all the ducks lined up & hit the ground running when this cash comes in coz we all know these guys are ...more  
73
Discussion
Comment by Rogg47on Aug 07, 2024 4:07pm

RE:RE:RE:RE:RE:RE:RE:Outstanding NEWS

"...months?" I would rather say years, meanwhile they would still be cashing their paychecks....
43
Discussion
Comment by Rogg47on Aug 07, 2024 3:24pm

RE:RE:RE:RE:RE:Outstanding NEWS

Nope not a good news, ridiculous HUGE dilution again!!....... But hey you know a Pumper is a Pumper, it will be a good news whatever the PR they would release..... 
59
Discussion
Comment by MAKEITBACKon Aug 07, 2024 2:39pm

RE:RE:RE:RE:RE:RE:Outstanding NEWS

     Yes, thanks for the correction. Us old ***** tend to make mistakes, but we still see what is wrong! That means that even after the split we will still have 80 million shares out at ...more  
61
Discussion
Comment by shiftyoneon Aug 07, 2024 2:23pm

RE:RE:RE:RE:RE:Outstanding NEWS

I have the same sentiment as you MAKEITBACK. --------------------- "This represents about a 33% increase in our share dilution, meaning the 3.4 cent price is about right after the dilution ...more  
55
Discussion
Post by shiftyoneon Aug 07, 2024 2:16pm

Shareprice is now capped at .04 for the next month

Because once us shareholder get our rights next week, many shareholders would sell at .04 knowing they had the rights to by back at .034.  That's pretty much a no risk bet to get a 20% return ...more  
91
Post by shiftyoneon Aug 07, 2024 2:06pm

so did this just happen?

The stockprice was at .065 bid a couple of months ago. The bid is now at .035. And they are diluting the company by over 40% at a price less than .035? (we can't forget the warrants for Dundee). ...more  
87
Comment by MAKEITBACKon Aug 07, 2024 1:59pm

RE:RE:RE:RE:Outstanding NEWS

This represents about a 33% increase in our share dilution, meaning the 3.4 cent price is about right after the dilution. We are going to have 600 million shares out, then a 10 for 1 split. We will ...more  
66
Discussion
Comment by nozzpackon Aug 07, 2024 12:04pm

RE:Most likely over 45,000 ounces of Stoger + Production

It is very likely that Maritime's 3000 m definition drilling of the Stoger Tight deposit will significantly  increase Reserve levels from the 46,000 ounces in the Dec 2021  estimate by ...more  
82
Discussion
Comment by nozzpackon Aug 07, 2024 10:33am

RE:RE:RE:Outstanding NEWS

Yes, and as only shareholdes holds the rights , new shareholders would have to buy from us which might be above  3.4 cents and would boost our early profits
52
Discussion
Comment by Orkon Aug 07, 2024 9:33am

RE:RE:Outstanding NEWS

alrighty so me 1/2 mill shares gets 200k rights- get that cash working, boost stock up to 10 cnts then consolidate-i can live with that-its all about cash flow, let's go me hearties no dilly ...more  
66
Discussion
Post by nozzpackon Aug 07, 2024 9:02am

Most likely over 45,000 ounces of Stoger + Production

From the 2022 upgraded Reserves published by Signal...40,100 ounces from  Stoger and perhaps a few ounces more as the 3000 m of definition drilling should add more ounces to the economic ...more  
126
Discussion
Comment by nozzpackon Aug 07, 2024 8:35am

RE:Outstanding NEWS

As an example , for every 100,000 common shares that you own , you will get 40,000 rights which will trade on the open TSX market for about 3 weeks . Those 40,000 rights can be sold for about 3.4 ...more  
112
Discussion
Post by nozzpackon Aug 07, 2024 8:23am

Outstanding NEWS

Outstanding Profits from rights as every 2.5 shares you hold gets you 3,4 cents either to sell as a right once the rights are listed,  or you can convert that right to a common share at just 3.4 ...more  
131
Discussion
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