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Bullboard - Stock Discussion Forum Maritime Resources Corp V.MAE

Alternate Symbol(s):  MRTMF

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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Post by nozzpackon 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  
Comment by nozzpackon 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 .
Comment by colt45acpon 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. 
Comment by nozzpackon 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  
Comment by colt45acpon 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. 
Comment by JollyRoger7on 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  
Post by nozzpackon 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  
Comment by colt45acpon 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
Comment by MAKEITBACKon 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 ...more  
Comment by colt45acpon Jul 19, 2024 1:00pm

RE:RE:RE:RE:RE:RE:RE:In the meantime,

SP DOWN. JUST SAYING. T W T.
Comment by colt45acpon 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.
Comment by colt45acpon 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  
Comment by nozzpackon 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