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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 Jul 21, 2024 1:02pm
Possibly more ounces from Deer Cove
I forgot about the The Deer Cove gold-quartz vein is a small, narrow, moderate-grade gold shoot with a ‘Probable’ and ‘Possible’ gold ore resource of 35,000 tonnes grading 8 to 12 g Au/t over a strike
...more
(3453)
•••
nozzpack
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Comment by
nozzpack
on Jul 21, 2024 12:45pm
RE:RE:RE:RE:Stockpile Production
Nope. NFG might get me a double which is fine but not great . MAE offers multiples of that .
(68)
•••
colt45acp
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Comment by
colt45acp
on Jul 21, 2024 7:47am
RE:RE:RE:Stockpile Production
Time will tell NOZZ , You have stock in both companies, mostly NFG, RIGHT.?. I don't think you will answer.
(3453)
•••
nozzpack
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Comment by
nozzpack
on Jul 20, 2024 8:08pm
RE:RE:Stockpile Production
They need working capital to engage the mill and its operating costs along with extraction costs of stockpiles . My review of their current WC is that , while normal operating costs can be
...more
(68)
•••
colt45acp
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Comment by
colt45acp
on Jul 20, 2024 9:50am
RE:Stockpile Production
Like you said it is a done deal (R/S) nOT IN SO MANY WORDS. Most cases R/S (%) FLUB. Time will tell. But you know everything.
(5)
•••
JollyRoger7
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Comment by
JollyRoger7
on Jul 20, 2024 9:45am
RE:Stockpile Production
Thanks, Nozzpack for re-highlighting the significance of the stock pile gold reserves although, from previous MAE communications, I think that the tailings fines will provide well more than zero
...more
(3453)
•••
nozzpack
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Post by
nozzpack
on Jul 20, 2024 9:10am
Stockpile Production
I did research the numbers which amount to a 4000 ounces contained in the Pine Cove mill stockpile, Deer Pond stockpile and one or two smaller stockpiles. Maybe some tailings pond fines that could be
...more
(68)
•••
colt45acp
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Comment by
colt45acp
on Jul 19, 2024 5:13pm
RE:RE:RE:RE:RE:RE:In the meantime,
First my friend comes the R/S , WHEN EVER But coming. These things are done deals. That is why i say WHY ARE THEY BEATING AROUND THE BUSH. TIME WILL TELL. JMO
(43)
•••
MAKEITBACK
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Comment by
MAKEITBACK
on Jul 19, 2024 3:06pm
RE:RE:RE:RE:RE:In the meantime,
Yes, all good, and we wait, and wait. The next logical step would be to commence mining. However, it does not happen. The least they can do is give us a timeline to actually mining the gold, and yet
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(3453)
•••
nozzpack
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Post by
nozzpack
on Jul 19, 2024 2:44pm
Thank you…
Got any more ?
(68)
•••
colt45acp
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Comment by
colt45acp
on Jul 19, 2024 1:00pm
RE:RE:RE:RE:RE:RE:RE:In the meantime,
SP DOWN. JUST SAYING. T W T.
(68)
•••
colt45acp
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Comment by
colt45acp
on Jul 19, 2024 12:47pm
RE:RE:RE:RE:RE:RE:In the meantime,
I just hope ALL these big investers come . Maybe it will allow me to get out if sp goes high enough. Time will tell.jmo.
(68)
•••
colt45acp
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Comment by
colt45acp
on Jul 19, 2024 12:39pm
RE:RE:RE:RE:RE:In the meantime,
NOZZPACK YOU SAY NOTHING ABOUT R/S. LIKE I CAN'T COUNT SO MANY TIME ON THE BRINK OF A R/S IT WILL BRING THE BIG INVESTORS. GIVE ME ALL THE INFO YOU HAVE ON THAT. TIME WILL TELL. BEEN THERE DONE
...more
(3453)
•••
nozzpack
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Comment by
nozzpack
on Jul 19, 2024 11:23am
RE:RE:RE:RE:In the meantime,
My apologies for that unfortunate remark. As for financing, I was told earlier that the financing would be a mixture of FTs and commons occuring in mid summer. I have no idea if this is still
...more
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